Your mom is thinking of retiring. Her retirement plan will pay her either $250,000 immediately...

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Your mom is thinking of retiring. Her retirement plan will pay her either $250,000 immediately on retirement or $350,000 five years after the date of her retirement. Which alternative should she choose if the interest rate is 1.0% per year? 2.8% per year? 3. 20% per year? Take the $350,000 in five years at 0% interest. Take the $350,000 in five years at 8% interest. Take the $350,000 in five years at 20% interest Take the $250,000 now

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