SOLUTION: Please help :c)))
Which is worth more at 10 percent, compounded annually:
$1000 in hand today or
$2,000 due in 5 years?
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Question 346725: Please help :c)))
Which is worth more at 10 percent, compounded annually:
$1000 in hand today or
$2,000 due in 5 years?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
Take the $2000 in 5 years.
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