Question: Assuming that interest is 16% compounded quarterly, which amount is worth more: MWK 10,000.00 today or a 5 year annuity of MWK1000.00 each quarter

Assuming that interest is 16% compounded quarterly, which amount is worth more:

Assuming that interest is 16% compounded quarterly, which amount is worth more: MWK 10,000.00 today or a 5 year annuity of MWK1000.00 each quarter

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