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In: Accounting

You have won a competition , and can choose any one of the following prize: a....

You have won a competition , and can choose any one of the following prize:

a. 100,000 now

b. 180,000 at the end of give of five years from

c. 11,400 forever

d. 19,000for each of the 10 years

e . 6,500next year, and increaseing by 5% per year forever after If the interest rate is 12% what do you choose?

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Expert Solution


ekkarill92 answered 2 years ago
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