Suppose the risk$-$free interest rate is $3\mathrm{.}8\%.$

a$.$ Having $$100$ today is equivalent to having what amount in one year?

b$.$ Having $$100$ in one year is equivalent to having what amount today?

c$.$ Which would you prefer, $$100$ today or $$100$ in one year? Does your answer depend on when you need the money? Why or why not?

a$.$ Having $$100$ today is equivalent to having what amount in one year?

Having $$100$ today is equivalent to having $ in one year. $($Round to the nearest cent.$)$