Can I have an answer and solution for this one, please?
Extracted text: MISCELLANEOUS PROBLEMS 1. A man, in buying a house, is offered the option of paying $1000 cash and $1000 annually for the next 4 years, or $650 cash and $1100 annually for the next 4 years. If money is worth (.06, m = better from the purchaser's standpoint? 1), which method is the
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