Question
q8 Which is worth more today: $675 cash in your hand today or $675 that will be received in 9 years if interest rates are
q8
Which is worth more today: $675 cash in your hand today or $675 that will be received in 9 years if interest rates are 10%?
-The answer cannot be determined with the information provided.
-Both are equally valuable as of today
-$675 cash in your hand today
-$675 cash received in 9 years
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The Complete Personal Finance Handbook
Authors: Teri B Clark
1st Edition
160138047X, 978-1601380470
