Question: What is the correct answer? You are better off choosing $100 today rather than $200 in 9 years if the interest rate is a.lower than

What is the correct answer?

You are better off choosing $100 today rather than $200 in 9 years if the interest rate is

a.lower than about 8 percent.

b.higher than about 8 percent.

c.lower than about 10 percent.

d.higher than about 10 percent.

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