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Business, 25.02.2020 06:13 kat9490

Suppose the interest rate is 4.0 %. a. Having $ 200 today is equivalent to having what amount in one year? b. Having $ 200 in one year is equivalent to having what amount today? c. Which would you prefer, $ 200 today or $ 200 in one year? Does your answer depend on when you need the money? Why or why not?

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Suppose the interest rate is 4.0 %. a. Having $ 200 today is equivalent to having what amount in one...
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