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Your car dealer offers to buy back your old car with two payments. The first payment ( $ 5 0 0 0 ) will be
Your car dealer offers to buy back your old car with two payments. The first payment $ will be made in two years and the second payment $ will be paid in years. Assuming that you can invest money at per year, and that you want to receive $ for the car if cash is paid today, should you accept?
a
No present value is $
b
No present value is $
c
Yes, present value is $
d
Yes, present value is $
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