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Essay

Problem Set II

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Issue:

Business

 

Written by:

Lamar V

 

Date added:

October 4, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1586

 

Was viewed:

3495 times

 

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Essay content:

Assuming you could earn 11 percent annually, which alternative should you choose? If you could earn 12 percent annually, would you still choose the same alternative? Answer: Option 1 $10,000 now with a 11% interest. $10,000 x 11% = $11,100(10,000 + 1,100) 1,100 x 8 yrs = $8,800 + $10,000 = $18,800 $10,000 now with a 12% interest...
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Assuming you could earn 11 percent annually, which alternative should you choose? If you could earn 12 percent annually, would you still choose the same alternative? Answer: Option 1 $10,000 now with a 11% interest. $10,000 x 11% = $11,100(10,000 + 1,100) 1,100 x 8 yrs = $8,800 + $10,000 = $18,800 $10,000 now with a 12% interest...
displayed 300 characters

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