Mustafa can receive a $40 discount if he pays his property taxes early. Alternatively, he can pay

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Mustafa can receive a $40 discount if he pays his property taxes early. Alternatively, he can pay the full amount of $2250 when payment is due in 9 months. Which alternative is to his advantage if he can earn 3% compounded monthly on short-term investments? In current dollars, how much is the advantage?

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