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    Exam 29: Rent, interest, and Profit
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    Which Would You Rather Have? A)$1,000,5 Years from Now at 6
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Which Would You Rather Have? A)$1,000,5 Years from Now at 6

Question 44

Question 44

Essay

Which would you rather have? a)$1,000,5 years from now at 6% interest or b)$1,000,3 years from now if the interest rate is 12%.

Correct Answer:

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a)$1,000 x 74.73 = $747.30
b)$...

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