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You are offered $90, 000 today or $300, 000 in 14 years. Assuming that you can earn 11 percent on your money, which should you choose? If you are offered $300, 000 in 14 years and you can earn 11 percent on your money, what is the present value of $300, 000 ? (Round to the nearest cent.) Which offer should you choose? A . Choose $90, 000 today because its present value is higher. B . Choose $300, 000 in 14 years because its present value is higher.
Sagot :
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