Question: 2 ) If you require a 9 percent annual return on your investments, you would prefer A ) $ 1 5 , 0 0 0

2) If you require a 9 percent annual return on your investments, you would prefer
A) $15,000 five years from today, rather than
B) an ordinary annuity of $1,000 per year for 15 years.
Show the calculations (2 marks

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