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need help with part C Suppose the interest rate is 3.7%. a. Having $300 today is equivatent to having what amount in one year? b.
need help with part C
Suppose the interest rate is 3.7%. a. Having $300 today is equivatent to having what amount in one year? b. Having $300 in one year is equivalent to having what amcunt foday? c. Which would you preber, $300 today or $300 in one year? Does your answer dopend on when you need the money why ar why nef? a. Hawivg $300 today in equevalent to having what amount in one year? b. Having 5300 in one year is equivaient lo having what amoum tosav? If the above staternont truec or falae Step by Step Solution
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