Question: You are given the choice between receiving $100 today, or an equal (uniform) monthly amount for the next six months, and your MARR is based
You are given the choice between receiving $100 today, or an equal (uniform) monthly amount for the next six months, and your MARR is based on earning interest at an annual rate of 6.25%, compounded monthly, what is the value of the equal monthly amount that will make you indifferent to the choice?
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