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What is the lowest apy that you would want

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Reference no: EM131639627

You win a grand prize. You have two options. 1.) Take $100,000 today, or 2.) receive $125,000 in five years. You chose the first option, and decide to invest it the money for 5 years. What is the lowest APY that you would want to make sure you made the right choice?

Reference no: EM131639627

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