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Your rich godfather has offered you a choice of one of the three following alternatives: $10,000 now $2,000 a year for eight years or $24,000 at the end of eight years. Assuming you could earn 11 percent annually, which alternative should you choose? If you could earn 12 percent annually, would you...
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find the interest rate of the following combinations of present and future values: Present value years future values $400 11 $684 $183 4 $249 $300 7 $300 View more questions Search
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