Your aunt offers you a choice of $20,100 in 20 years or $870 today. If money is

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Your aunt offers you a choice of $20,100 in 20 years or $870 today. If money is discounted at 17 percent, which should you choose?

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Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

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Question Posted: Oct 14, 2014 06:46 AM

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Your aunt offers you a choice of $20,100 in 20 years or $870 today. If money is

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Foundations of Financial Management

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