Time value of money. In our opening case study, why would the Toyota Motor Credit Corporation (TMCC) be willing to accept such a small amount today ($1,163) in exchange for a promise to repay about 9 times that amount ($10,000) in the future (30 years)?

- Would youwhy or why not? Outline the considerations you used in making your answer.

- Would your answer depend on who is making the promise to repay? Explain your conclusions.