Question: You are offered $900 five years from now or $150 at the end of each year for the next five years. If you can earn

You are offered $900 five years from now or $150 at the end of each year for the next five years. If you can earn 6 percent on your funds, which offer will you accept? If you can earn 14 percent on your funds, which offer will you accept? Why are your answers different?

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