Question: You are offered a choice between $ 7 7 0 today and $ 8 1 5 one year from today. Assume that interest rates are

You are offered a choice between $770 today and $815 one year from today. Assume that interest rates are 4 percent. Which do you prefer?
Multiple Choice
$770 today
$815 one year from today
They are equivalent to each other.
$77n tndav at 3 nerrent interost ratos
You are offered a choice between $ 7 7 0 today

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