1.

What would be more valuable, receiving $1,000 today or receiving $1,500 in 6 years if interest rates are 9.0% and by how much would it be the more valuable alternative?"

		"Receiving S1,500 / $894 higher Present Value"
		Both are worth the same amount
		Insufficient date provided to determine an answer to this question
		"Receiving S1,000 / $106 higher Present Value"
		"Receiving S1,500 / $106 higher Present Value"
		"Receiving S1,000 / $894 higher Present Value"