Question: You are offered ( $ 1,000 ) after five years (Offer 1 ) or ( $ 150 ) a year for five years (Offer 2).
You are offered \\( \\$ 1,000 \\) after five years (Offer 1 ) or \\( \\$ 150 \\) a year for five years (Offer 2). If you can eam 7 percent on your funds, calculate the values of both payments. Use Appendix \\( C \\) to answer the question. Round your answers to the nearest dollar. \\[ \\begin{array}{l} \\mathrm{FV}_{\\text {(offer } 1)}: \\$ \\\\ \\mathrm{FV}(\\text { otter } 2): \\$ \\end{array} \\] Which offer will you accept? If you can earn 16 percent on your funds, calculate the future values of both payments. Use Appendix C to answer the question. Round your a the nearest dollar. \\[ \\begin{array}{l} \\mathrm{FV}_{\\text {(offer 1) }}: \\$ \\\\ \\mathrm{FV}_{\\text {(offer 2) }}: \\$ \\end{array} \\] Which offer will you acoept, if you can eam 16 percent on your funds? Why are your answers different? The choices are different as the higher interest rate
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