Business, 23.09.2021 15:20 muziqbox594

As winner of a breakfast cereal competition, you can choose one of the following prizes: a. $100,000 now. b. $180,000 at the end of five years.
c. $19,000 for each of 10 years.
If the interest rate is 12%, which is the most valuable prize?

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As winner of a breakfast cereal competition, you can choose one of the following prizes: a. $100,000...

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