Mathematics, 29.11.2019 02:31 francisco42002

suppose you have a choice between receiving a lump-sum payment of $10,000 today or four annual payments of $2,750 (with the first payment today). of the following, which is the highest annual interest rate at which you would prefer the four annual payments over the lump-sum payment?

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suppose you have a choice between receiving a lump-sum payment of $10,000 today or four annual payme...