Describe the problem and show the calcualtion also explain
Is it more profitable to receive $2000 now or $3500 in 10 years? Assume that money can earn 6% interest compounded monthly. Describe the problem and show the calcualtion also explain which way is more profitable.
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is it more profitable to receive 2000 now or 3500 in 10 yearsnbspassume that money can earn 6 interest compounded
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