Question: Which has a greater present value, A ) $ 6 , 0 0 0 in 1 year plus an additional $ 6 , 0 0
Which has a greater present value, A $ in year plus an additional $ in years assuming a interest rate or B $ today assuming a interest rate. Assume all amounts are compounded annually.
Option A; it it worth approximately $ more
Option B; it is worth approximately $ more
Neither; Option A and Option B have the same present value
Unknown; it is not possible to compute present value with the given information
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