You invest $1,000 today and expect to sell your investment for $2,000 in 10 years. a. Is

Question:

You invest $1,000 today and expect to sell your investment for $2,000 in 10 years.
a. Is this a good deal if the is 5%?
b. What if the is 10%?
Discount Rate
Depending upon the context, the discount rate has two different definitions and usages. First, the discount rate refers to the interest rate charged to the commercial banks and other financial institutions for the loans they take from the Federal...