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Assume you have a choice of receiving $100,000 in 10 years or $46,500 today. If the interest rate is 8 percent, how much is the
Assume you have a choice of receiving $100,000 in 10 years or $46,500 today. If the interest rate is 8 percent, how much is the $100,000 worth now? (Enter your answer as a positive number rounded to 2 decimal places.) 9 02:07:36 a-2. Which offer should you choose? $100,000 in 10 years $46,500 today b-1. Now assume the choice s $100,000 in 7 years or $46,500 today. How much is the $100,000 at 8 percent for 7 years worth now? (Enter your answer as a positive number rounded to 2 decimal places.)
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