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  3. 1. which would you prefer: $50,000 today, $100,000

1. Which would you prefer: $50,000 today, $100,000 ten years from now, or $150,000 twenty years...

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Finance

1. Which would you prefer: $50,000 today, $100,000 ten yearsfrom now, or $150,000 twenty years from now? Answer this questionin the face of each of three different scenarios: annual interestrates of 3%, 5%, and 7%.

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4.1 Ratings (660 Votes)
scenario 1 when interest rate is 3 present value of 50000 today 500001030 50000 present value of 100000 10 years from now pv fv1rn 10000010310 7440939 present    See Answer
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1. Which would you prefer: $50,000 today, $100,000 ten yearsfrom now, or $150,000 twenty years from now? Answer this questionin the face of each of three different scenarios: annual interestrates of 3%, 5%, and 7%.

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