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Is it more profitable to receive $2000 now or $3500 in 10 years?

Is it more profitable to receive $2000 now or $3500 in 10 years? Assume that money can earn 6% interest compounded monthly.
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8426354.xlsx

Is it more profitable to receive $2000 now or $3500 in 10 years? Assume that money can earn 6% interest compounded monthly.
Solution:
Present Money = $2,000.00 Calculating the present value of the...

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