Question
Your brother has offered to give you either $5,000 today or $10,000 in 10 years. If the interest rate is 7% per year, which option
Your brother has offered to give you either
$5,000
today or
$10,000
in
10
years. If the interest rate is
7%
per year, which option is preferable?
What is the present value of the future amount (amount received in
10
years)?
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The Future Of Real Estate Early Warning Realtors
Authors: Anya Bartholomew
1st Edition
1975711149, 978-1975711146
