Mr rembrandt will receive a commission of 5000 every year
Mr. Rembrandt will receive a commission of $5,000 every year for the next 20 years for a picture he painted. Someone offers him $75,000 right now for those proceeds. If the discount rate is 10% which should he choose?
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mr rembrandt will receive a commission of 5000 every year for the next 20 years for a picture he painted someone
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