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Assume you are about to take some payments from your customer. They make you an offer, either 1000 USD now, or 1200 USD at the
Assume you are about to take some payments from your customer. They make you an offer, either 1000 USD now, or 1200 USD at the end of the second year. You know that now is always better and you also know that your personal rate of interest is 11% per year. What should you choose, Select one: O a at the end of second year Ob. Both of them are economically equivalent OC. None of them Od I have no choice O e Now
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