Mr rich has offered to give the new long-term care facility
Mr. Rich has offered to give the New Long-Term Care Facility $100,000 today or $300,000 when he dies. If the Long-Term Care Facility earns 14% on its investments and it expects Mr. Rich to live for 12 years, which alternative should it take?
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mr rich has offered to give the new long-term care facility 100000 today or 300000 when he dies if the long-term care
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