Question 7, P 3-17 (similar to) Part 1 of 3 HW Score: 40%, 4 of 10 points O Points: 0 of 1 Save Suppose the interest rate is 3.7%. a. Having $250 today is equivalent to having what amount in one year? b. Having $250 in one year is equivalent to having what amount today? c. Which would you prefer, $250 today or $250 in one year? Does your answer depend on when you need the money? Why or why not? a. Having $250 today is equivalent to having what amount in one year? It is equivalent to (Round to the nearest cent.)