Solution-Which of the given alternative would you choose

Which of the given alternative would you choose

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Your grand father has offered you a choice of one of the following alternative : $7500 now, $2200 a year after for nine years; or $31000 at the end of nine years. Assuming you could earn 10%annually, which alternative would you choose? If you earn 11% annually would still choose the same alternative?

Reference no: EM13854702

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Which of the given alternative would you choose

Reference no: EM13854702

Reference no: EM13854702

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