You are offered $80 comma 000 80,000 today or $380 comma 000 380,000 in 14 14 years.
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Question:
You are offered $80 comma 000
80,000 today or $380 comma 000
380,000 in 14
14 years. Assuming that you can earn 13
13 percent on yourmoney, which should youchoose?
If you are offered $380 comma 000
380,000 in 14
14 years and you can earn 13
13 percent on yourmoney, what is the present value of $380 comma 000
380,000?
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