Question: Saved You are offered a choice between $ 5 5 0 today and $ 5 7 5 one year from today. Assume that interest rates

Saved
You are offered a choice between $550 today and $575 one year from today. Assume that interest rates are 5 percent. Which do you prefer?
Multiple Choice
$575 one year from today
They are equivalent to each other.
$550 today
$550 today at 4 percent interest rates
Saved You are offered a choice between $550 today and $575

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