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You are offered $100,000 today or $400,000 in 10 years. Assuming that you can earn...

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Finance

You are offered $100,000 today or $400,000 in 10 years. Assuming that you can earn 11 percent on your money, which should you chose?

If you are offered $400,000 in 10 years and you can earn 11 percent on your money, what is the present value of $400,000?

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