badatmathmate2352 badatmathmate2352
  • 19-10-2017
  • Mathematics
contestada

Which is more valuable $20000 received now or $5000 per year for 4 years?

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rsmith6559
rsmith6559 rsmith6559
  • 20-10-2017
Getting the money now lets you use it now, and if you invest wisely, get more profit. Waiting four years to get it all is an interest free loan.
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