In excel formula format please ! 8. Your grandparents offered you some...
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In excel formula format please !
8. Your grandparents offered you some money via the following options. Assuming an annual interest rate of 5%, which option should you choose? Show your work. a. Receive $11,000 immediately b. Receive $2,000 at the end of each six months for three years. This results in payments totaling $12,000. You will receive the first check in six months c. Receive $1,000 at the end of each year for three years, and then $10,000 at the end of the fourth year. This results in payments totaling $13,000
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