719h1034 719h1034

22-09-2021
Business

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As winner of a breakfast cereal competition, you can choose one of the following prizes: a. $100,000 now.
b. $180,000 at the end of five years.
c. $19,000 for each of 10 years.
If the interest rate is 12%, which is the most valuable prize?

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espiritujustinemaeli espiritujustinemaeli

22-09-2021

answer

c i don't need to explain I'd take c

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