9 Fawaz wants to buy a new apartment at Sanad, he has two choices either to pay BD65,000 cash today or to pay BD13,500 a
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9 Fawaz wants to buy a new apartment at Sanad, he has two choices either to pay BD65,000 cash today or to pay BD13,500 a
9 Fawaz wants to buy a new apartment at Sanad, he has two choices either to pay BD65,000 cash today or to pay BD13,500 after 3 years. If you know that the compound interest rate at market is 796 annually, which choice is better for him if he wants to make a decision? Why? Point)
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