Question: You are given the option between recoiving $500 in three yoars at a discount rate of 10% or $400 in two years at a discount

You are given the option between recoiving $500 in three yoars at a discount rate of 10% or $400 in two years at a discount rate of 8%. Which option should you choose? The \$400 becayed you receive it sooner The $500 because is worth moee to you in today/s dollarn Both options are aqually acceptable Neither ogtion

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