Question: Show all work. Which would you prefer -- $10,000 now, $20,000 10 years from now, or $30,000 20 years from now, assuming (10pts) a 6%

Show all work. Which would you prefer -- $10,000 now, $20,000 10 years from now, or $30,000 20 years from now, assuming

  1. (10pts) a 6% annual interest rate?
  2. (10pts) an 8% annual interest rate?
  3. (10pts) a 10% annual interest rate?

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