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Mathematics, 10.12.2019 22:31 victoria6929
Suppose that you are given a choice of receiving your scholarship in the amounts of $5,000 today and $5,000 next year, or receiving $9,000 all at once today. if the interest rate is 10%, which choice would maximize the present value of your scholarship?
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Suppose that you are given a choice of receiving your scholarship in the amounts of $5,000 today and...
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