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You have priced out the construction of a vacation home. If you start today, you have a contract of $1,000,000. The GC is your friend and will...

6. You have priced out the construction of a vacation home. If you start today, you have a contract of $1,000,000. The GC is your friend and will guarantee this price for 3 years. If you choose to delay the project for 3 years, what are the savings in PV with a 10% rate?

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