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Business, 12.02.2021 07:40 leo4687

(1 point) From the textbook: Your business associate who owes you $12400 offers to pay you either $9680 now or else to pay you 8 yearly installments of $1550, the first installment paid now. Assume a 6.1% market interest rate, compounded continuously. How much would you have at the end of 8 years if you choose to take the $ 9680 offer now, and you use the market to earn interest on the funds

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(1 point) From the textbook: Your business associate who owes you $12400 offers to pay you either $9...
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