Question
You won a contest and you have two options: Option A) you receive $10,000 today Option B) you receive $20,000 10 years from today If
You won a contest and you have two options:
Option A) you receive $10,000 today
Option B) you receive $20,000 10 years from today
If the interest rate is 6% then the option with the highest present value is?
Question options:
| Option B | |
| not enough information | |
| Option A | |
| Option A and Option B have the same present value |
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Performance Audit Department Of Highways Preconstruction And Construction Activities
Authors: Montana. Legislature. Office Of The Legi
1st Edition
1175365823, 978-1175365828
