True or False: If money is worth 7% compounded annually to you, then you would prefer to

Question:

True or False: If money is worth 7% compounded annually to you, then you would prefer to receive $$2$,200 each year for 5 years than to receive $$4$,000 the first year, $$3$,000 the second year, $$2$,000 the third year, $$1$,000 the fourth year, and $$0$ the fifth year.

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