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0 (0) Thu 10:23 AM Nabil El Achraoul Q O Do Homework - Zouheir El Achraoui mathxl.com/Student/PlayerHomework.aspx?homeworkld=553423251&questionid=1&flushed-fals... FINC 235 Financial Management DFC Homework: Chapter 5 Homework Part 1 Save Score: 0 of 1 pt 2 of 5 (0 complete) HW Score: 0%, 0 of 5 pt Problem 5-12 (similar to) IE Question Help (Present-value comparison) You are offered $1,400 today, $5,000 in 12 years, or $29,000 in 20 years. Assuming that you can earn 13 percent on your money, which offer should you choose? a. What is the present value of $29,000 in 20 years discounted at 13 percent interest rate? $ (Round to the nearest cent.) Enter your answer in the answer box and then click check
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