If the rate of discount is 20 percent, a. Would you rather recieve $100 today or $120
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Question:
If the rate of discount is 20 percent,
a. Would you rather recieve $100 today or $120 in one year?
b. Would you rather recieve $205 today or $240 in one year?
c. Would you rather recieve $500 in one year or $610 in two years
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