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  3. you can choose to take $115,000 in 10 years or $48

You can choose to take $115,000 in 10 years or $48,000 today. At an interest...

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Accounting

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You can choose to take $115,000 in 10 years or $48,000 today. At an interest rate of 10 percent, what is the value of $115,000 now? (Enter your answer as a positive number rounded to 2 decimal places.) a-2. Which option should be selected? $115,000 in 10 years $48,000 today b-1. Assume an interest rate of 10 percent for 7 years. If the choice is $115,000 in 7 years or $48,000 today, how much is the $115,000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Which option should be selected now? $48,000 today $115,000 in 7 years

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