Finance Question - 20 bucks via paypal to the first one who answers it!
Ok,
The question is regarding the time value of money. I need to know which is more valuable, why and what formula was used to determine the answer.
A. 2,250 dollars a month for 40 years.
B. 2,750 dollars a month for 18 years.
Use 8% as an interest rate and tell me what each contract is worth today in a lump sum.
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Regards,
Rick Latona
http://latonas.com
Latona's - We Sell Money Making Web Properties
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