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You can choose to take $135,000 in 10 years or $50,000 today. At an interest rate of 9 percent, what is the value of $135,000
You can choose to take $135,000 in 10 years or $50,000 today. At an interest rate of 9 percent, what is the value of $135,000 now? (Enter your answer as a positive number rounded to 2 decimal places.) a-2. Which option should be selected? $50,000today$135,000in10years b-1. Assume an interest rate of 9 percent for 7 years. If the choice is $135,000 in 7 years or $50,000 today, how much is the $135,000 worth today? (Enter your answer as a positive number rounded to 2 decimal places.) b-2. Which option should be selected now? $135,000in7years$50,000today
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