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30 March, 03:47

A business associate who owes Ana $4,000 offered to pay her $3,800 now or to pay her $2,000 now and $2,000 two years later. Using only financial reasons to make her decision, and assume that the interest is compounded continuously, she should switch choices at the annual interest rate

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  1. 30 March, 04:03
    0
    I think it will be 11,800 all u do is add
  2. 30 March, 04:13
    0
    She should choose $2,000 now, and $2,000 dollars later.
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