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Suppose Emilio Offers You $500 Today or $X in 10

Question 64

Multiple Choice

Suppose Emilio offers you $500 today or $X in 10 years.If the interest rate is 6 percent,then at what value of X would you be indifferent between the two options?


A) X = 809.33
B) X = 855.56
C) X = 895.42
D) X = 916.74

Correct Answer:

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