Jack and Jill have been together for many years. While vacationing in Niagara Falls, Ontario, Jill won a prize at the C

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answerhappygod
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Jack and Jill have been together for many years. While vacationing in Niagara Falls, Ontario, Jill won a prize at the C

Post by answerhappygod »

Jack and Jill have been together for many years. While
vacationing in Niagara Falls, Ontario, Jill won a prize at the
Casino and was presented with the following options:
i) Receive $10,000 in 1
year
ii) Receive $20,000 in 5 years
iii) Receive $30,000 in 10 years
Assume Jill does not need the money today and will be able to
collect it.
Required:
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