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A piece of property may be acquired by making an immediate payment of $125 000 and payments of $37 500 and $50 000 three and five years from now respectively. Alternatively, the property may be purchased by making quarterly payments of $11 150 in advance for five years. Which alternative is preferable if money is worth 12.2% compounded semi-annually?
Obedient
The quality of willingly complying with orders, requests, or laws.
Uninvolved
A parenting or caregiving style characterized by a low level of responsiveness and communication, combined with limited emotional involvement or supervision.
Negligent
Failing to take proper care in doing something, leading to harm or injury to others.
Sexual Maturation
The process of acquiring sexual maturity and reaching reproductive capability.
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