You are offered $80,000 today or $300,000 in 14 years. Assuming that you can earn...
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Verified Solution
Question
Accounting
You are offered
$80,000
today or
$300,000
in
14
years. Assuming that you can earn
15
percent on your money, which should you choose?
If you are offered
$300,000
in
14
years and you can earn
15
percent on your money, what is the present value of
$300,000?
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