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Would you rather have $463 now or $1,000 ten years from now? Assume that you can earn 9% on your investments.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Would you rather have $463 now or $1,000 ten years from now? Assume that you can earn 9% on your
investments.

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