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Your friend is going to give you a sum of money. He gives you two options. Option A. To receive 2 million ISK. after 1

Your friend is going to give you a sum of money. He gives you two options.

Option A. To receive 2 million ISK. after 1 year and 4 million ISK. after 8 years.

Option B. To receive X million. ISK after 2 years and again X million ISK after 10 years Interest is 6.75%.

What is the amount X so that both options are equally good for you?

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