1. If you are offered $20,000 now or $30,000 in ten years' time, which should you...

 

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1. If you are offered $20,000 now or $30,000 in ten years' time, which should you accept, and why, given a fixed annual interest rate of 4.5% (assuming you would invest the $20,000)? 1. If you are offered $20,000 now or $30,000 in ten years' time, which should you accept, and why, given a fixed annual interest rate of 4.5% (assuming you would invest the $20,000)?

Answer rating: 100% (QA)

I would accept 30000 in ten ye... View the full answer