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You shop around for the best interest rate and have narrowed your choices to the following:
Bank I: j1 = 12%
Bank II: j4 = 11.55%
Bank III: j12 = 11.30%
You wish to have $S in 3 years.What is the present value of S? Put the banks in order,from lowest to highest present value of S.
Evil Cause
A reason or motive for actions that are morally wrong or lead to negative outcomes, often associated with harm or malevolence.
Brave Soldier
A soldier who exhibits courage and bravery in combat situations.
Virtuous Person
refers to an individual who embodies moral excellence in their behavior and character, acting with integrity, honesty, courage, and compassion in various situations.
Situation
A set of circumstances or a state of affairs at a particular time and place.
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