Question: D. There is not enough information to determine when we 6. You are offered a choice between $770 today and $815 one year from today.

D. There is not enough information to determine when we 6. You are offered a choice between $770 today and $815 one year from today. Assume that interest rates are 4 percent. Which do you prefer? A. $770 today B. $815 one year from today C. They are equivalent to each other D. $770 today at 3 percent interest rates

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