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Business, 16.11.2019 05:31, jahnoibenjamin
Your company just sold a product with the following payment plan: $50,000 today, $25,000 next year, and $10,000 the following year. if your firm places the payments into an account earning 10% per year, how much money will be in the account after collecting the last payment?
a) $99,000
b) $98,000
c) $88,500
d) $85,000
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Answers: 2
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