Business, 12.08.2020 06:01 davi113001
Jeff has the opportunity to receive lump-sum payments either now or in the future. Which of the following opportunities is the best, given that the interest rate is 4% per year?
a. one that pays $ 900 now
b. one that pays $ 1080 in two years
c. one that pays $ 1350 in five years
d. one that pays $ 1620 in ten years
Answers: 2
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Jeff has the opportunity to receive lump-sum payments either now or in the future. Which of the foll...
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