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Business, 24.07.2021 17:30 chuchi24

Your rich godfather has offered you a choice of one of the three following alternatives: $12,000 now; $2,500 a year for eight years; or $30,000 at the end of eight years. Assuming you could earn 12 percent annually, which alternative should you choose? If you could earn 14 percent annually, would you still choose the same alternative?

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Your rich godfather has offered you a choice of one of the three following alternatives: $12,000 now...
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