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What is the present value

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You are offered ?$1,800 ?today, ?$12,000 in 11 ?years, or ?$30,000 in 27 years. Assuming that you can earn 9 percent on your? money, which offer should you? choose?

What is the present value of ?$30,000 in 27 years discounted at 9 percent interest? rate?

Reference no: EM132825897

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