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How much are getting today

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Question 1: You went to Expo Center to attend an exhibition of several businesses. At one of the stalls there was a banner which says that we will give you $100 just for trying our product with an asterisk on $100. At the bottom of the banner you find out that you will receive a certificate that will pay you $ 100 in 30 years or so. If going interest rate is 11%, how much are you getting today? Analyze your findings.

Reference no: EM132595306

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