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What is the present value

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Question - Present-value comparison - You are offered $100,000 today or $320,000 in 14 years. Assuming that you can earn 15 percent on your money, which should you choose? If you are offered $320,000 in 14 years and you can earn 15 percent on your money, what is the present value of $320,000?

Reference no: EM133139623

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