Question
NCB Bank offers to pay you lump sum of $20,000 after 5 years, if you deposit $9,500 with them today. SAAB Bank, on the other
NCB Bank offers to pay you lump sum of $20,000 after 5 years, if you deposit $9,500 with them today. SAAB Bank, on the other hand, claim that they will pay you a lump sum of $22,000 after 5 years, if you deposit $10,700 with them today.
Which offer should you accept and why?
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Technical Analysis Of Stock Trends
Authors: Robert D. Edwards, John Magee
6th Edition
1599180219, 978-0139043437
