You need a kidney replacement and thus you will be paying for it The doctor offers you two options to pay $4000 in 4 years or $6500 in 10 years The current discount rate is 8 Which payment option would you prefer A $4000 in 4 years B $10000 in 10 years C Both are the same

Question: You need a kidney replacement and thus you will be paying for it. The doctor offers you two options to pay: $4000 in 4 years

You need a kidney replacement and thus you will be paying for it. The doctor offers you two options to pay: $4000 in 4 years or $6500 in 10 years. The current is 8%.
Which payment option would you prefer?
A. $4000 in 4 years
B. $10000 in 10 years
C. Both are the same

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