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Question :
III.Essay Questions
91.Explain the difference between simple interest and compound interest.
92.Suppose : 1400404

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**III.****Essay Questions**

91.Explain the difference between simple interest and compound interest.

92.Suppose you win $10 million in a lottery. You have a choice of how you will receive your winnings. The first choice is to receive a certain lump sum today. The second choice is to receive a certain amount at the end of five years. How will you evaluate your choices to make your decision?

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Solution
5 (1 Ratings )

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