Which would you prefer to earn 6 compound interest per year
1. Now assume your parents consider a per year payment of € 1,450, rather then the € 6,000 lump sum. Would you agree with that? Why or why not?
2. Which would you prefer to earn, 6% compound interest per year or 1.5% compound interest per quarter?
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1now assume your parents consider a per year payment of euro 1450 rather then the euro 6000 lump sum would you agree
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