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28-05-2023
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(Related to Checkpoint 5.4) (Present-value comparison) You are offered $100,000 today or $300,000 in 13
years.
Assuming that you can earn 11 percent on your money, which should you choose?
If you are offered $300,000 in 13 years and you can earn 11 percent on your money, what is the present value of $300,000?

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