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Jeff Has the Opportunity to Receive Lump-Sum Payments Either Now

Question 79

Multiple Choice

Jeff has the opportunity to receive lump-sum payments either now or in the future.Which of the following opportunities is the best,given that the interest rate is 7% per year?


A) one that pays $1,000 now
B) one that pays $1,200 in two years
C) one that pays $1,500 in five years
D) one that pays $1,800 in ten years
E) one that pays $5,000 in 25 years

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