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You need a kidney replacement and thus you will be paying

You need a kidney replacement and thus you will be paying for it. The doctor offers you two options to pay: $40,000 in 4 years or $65,000 in 10 years. The current discount rate is 8%. Which payment option would you prefer.

A. $40,000 in 4 years
B. $65,000 in 10 years
C. Both are the same.

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Finance Basics: You need a kidney replacement and thus you will be paying

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Finance Basics: You need a kidney replacement and thus you will be paying

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