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Your grandmother has told you she can either give you $4.400 now or $5.00 when you get tom college in ve years Young account as
Your grandmother has told you she can either give you $4.400 now or $5.00 when you get tom college in ve years Young account as worth more to you now, and how much more? Euture Value of $1. Present Value $1. Future Value Annuity of $1. Present Value Annuity of your final answer to 2 decimal places) interest.compounded annual Which one would be Use appropriate factor from the PV tables. Round The 54.400 w sworth $133 34 more than the 55.400 the future The 55.400 in the future worth $133 34 more than the 54,400 now. The 54.400 now is worth $10000 more than the 35.400 there The 35.400 in the is wh e re the $4,400 W
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