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. A cash-strapped young professional offers to buy your car with four, equal a

. A cash-strapped young professional offers to buy your car with four, equal a

. A cash-strapped young professional offers to buy your car with four, equal annual payments of $3,000, beginning two years from today. Assuming you’re
indifferent to cash versus credit, that you can invest at 10%, and that you want to receive $9,000 for the car, should you accept?

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