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You are offered ​$110,000 today or ​$380, 000 in 11 years. Assuming that you can earn 12 percent on your​ money, which should you​ choose?

Respuesta :

Answer:

probably $380,000

Step-by-step explanation:

The 12 percent off $110000 is 13200$ a year

therefore in 11 years = 13200$×11 = 145200

and $110000+$145200 =277400$ which is less than $380,000

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