Question: Alex is purchasing a new product. He can pay either $630 now or $380 now and another $340 6 years from now. In terms of

Alex is purchasing a new product. He can pay either $630 now or $380 now and another $340 6 years from now. In terms of today's dollar, by how much the best option is cheaper than the worst one? Money is worth 4.3% compounded semi-annually.

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