Question
Investor A needs $10,000 in 9 years. Investor B needs $20,000 in 8 years. Which of the following is true? Investor A must deposit more
Investor A needs $10,000 in 9 years. Investor B needs $20,000 in 8 years. Which of the following is true?
| Investor A must deposit more today since they need their money sooner. | ||
| Investor B must deposit more today since they need their money sooner. | ||
| Investors A and B can deposit the same amount since they need the same amount of money in the future. |
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
1119563097, 9781119563099
