4. You made a wager with your best friend Kevin on an upcoming cricket match. Lucky for you Virat Kohli had an incredible game and you won your wager with Kevin. Unfortunately, your best friend Kevin is a little short on money. He has offered to pay you $500 now or give you $650 in three years from now. Using the time value of money concepts you learned today, which option would be better for you if the interest rate is 10.5%