Nina is planning to invest 100 at 5 percent interest at the, Financial Management

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Nina is planning to invest 100 at 5 percent interest at the

a. Nina is planning to invest $100 at 5 percent interest at the end of each year. How much money would the investment be worth in today's dollars?

b. Nina is planning to invest $100 at 5 percent interest at the beginning of each year. How much money would the investment be worth in today's dollars?

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