menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 2
  4. Exam
    Exam 29: Rent, interest, and Profit
  5. Question
    Which Would You Rather Have? A)$10,000,20 Years from Now at 4
Solved

Which Would You Rather Have? A)$10,000,20 Years from Now at 4

Question 155

Question 155

Short Answer

Which would you rather have? a)$10,000,20 years from now at 4% interest or b)$10,000 7 years from now if the interest rate is 12%.

Correct Answer:

verifed

Verified

a)$10,000 x 45.64 = $4,564
b)$...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q28: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5852/.jpg" alt=" -The horizontal

Q150: The only means available to increase capital

Q151: Usury laws could hurt borrowers with poor

Q152: If there were no usury law the

Q153: The statement,"Corn is not high because a

Q154: A shortage of competition is central to

Q156: Which of the following in NOT a

Q157: A firm that develops a new technology

Q158: Which statement is true?<br>A)Usury laws hurt borrowers

Q159: The supply of land is perfectly _.

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines