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22 July, 18:26

Which one is the better deal? Assume 6% interest compounded annually and down payments are not invested.

1. $150,000 down payment and $30,000 a year for the next 5 years.

2. $75,000 down payment and $45,000 a year for the next 5 years

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  1. 22 July, 18:39
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    2 ... is a goo and correct answer ...
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