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Mathematics, 06.10.2019 21:40 tytiuna

Which one is the better deal? assume 6% interest compounded annually and down payments are not invested.

1. $150,000 down payment and $30,000 a year for the next 5 years.
2. $75,000 down payment and $45,000 a year for the next 5 years

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Answers: 1

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