Business, 25.07.2020 18:01, rederisbetter9379

An individual is given the choice of receiving $1,000,000 today; or of receiving $100,000 per year for the next 15 years, for a total of $1,500,000 to be received. The difference of $500,000 between the 2 amounts is due to the:

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An individual is given the choice of receiving $1,000,000 today; or of receiving $100,000 per year f...