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Business, 19.03.2021 01:20 jfghj

Pharoah Inc. has $738,590 to invest. The company is trying to decide between two alternative uses of the funds. One alternative provides $98,007 at the end of each year for 12 years, and the other is to receive a single lump-sum payment of $2,318,010 at the end of the 12 years. Which alternative should Pharoah select

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Pharoah Inc. has $738,590 to invest. The company is trying to decide between two alternative uses of...

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