If the interest rate is 12 compound semi-annually which


A friend owes you 10000$. He offers you 3 choices for paying you back, 10000$ today or 12800$ in exactly 2 years or 14800$ in exactly 4 years. If the interest rate is 12% compound semi-annually, which option is the most rational?

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Finance Basics: If the interest rate is 12 compound semi-annually which
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