Question: QUESTION 5 1 point If you have a choice between $1000 today or $2000 in five years at 15 percent, compounded annually, you should take

 QUESTION 5 1 point If you have a choice between $1000

QUESTION 5 1 point If you have a choice between $1000 today or $2000 in five years at 15 percent, compounded annually, you should take the $1000 today since it is worth more. Hint: Compare apples to apples, either compare PV to PV or FV to FV. True False

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