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Mere Part 2: Problems (10 pts each) Which would you prefer-S15,000 now, $30,000 10 years from now, or $45.000 20 years from now, assuming a
Mere Part 2: Problems (10 pts each) Which would you prefer-S15,000 now, $30,000 10 years from now, or $45.000 20 years from now, assuming a 10% annual interest rate. Show all formulas and calculations below. 2. If you deposited S100,000 into a savings account that p t paid 8% interest compounded annually, and you left it there for 20 years, how much would you have in the account? Show all formulas, calculations and results below. 000 I 0 || DJ
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