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Banks everywhere are offering a rate of 4 you have a new

Banks everywhere are offering a rate of 4%. You have a new job with a very progressive company. They offer you three options for receiving compensation:

Present Value

A. Monthly checks in the amount of $2,800___________

B. Semi-monthly checks in the amount of $1,350 ___________

C. Weekly checks in the amount of $650___________

What is the present value of each option?

Which option will give you the greatest present value?

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Financial Management: Banks everywhere are offering a rate of 4 you have a new

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