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QUESTION 12 It is smart to choose to: O a. Receive money later for safety...

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QUESTION 12 It is smart to choose to: O a. Receive money later for safety Ob. Receive money sooner than later. c. Pay money before receiving money. d. Pay money sooner than later. QUESTION 13 How much would you pay today for an investment offering a lump sum of $500 in six years if you hoped to earn a return of 15 percent? a $ 216.16 b. $ 132.11 c. $ 227.36 d. $ 175.37 QUESTION 14 If you put $700 in a bank account that pays 5 percent annual interest, how much would you have after eight years? a $ 1,034.22 b. 5 981.82 OC. $ 887.62 Od. $ 956.31

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