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M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961M&B3 3rd Edition by Dean Croushore
Edition 3ISBN: 978-1285167961 Exercise 9
If the rate of discount is 20 percent,
a.Would you rather receive $100 today or $120 in one year
b.Would you rather receive $205 today or $240 in one year
c.Would you rather receive $500 in one year or $610 in two years
a.Would you rather receive $100 today or $120 in one year
b.Would you rather receive $205 today or $240 in one year
c.Would you rather receive $500 in one year or $610 in two years
Explanation
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M&B3 3rd Edition by Dean Croushore
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