Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 2 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 5.00

money is discounted

Your father offers you a choice of $105,000 in 12 yearsor $47,000 today.

 

a. If money is discounted at 8 percent, which should you choosearrow-10x10.png

 

b. If money is still discounted at 8 percent, but your choice is between $105,000 in 9 years or 47,000 today, which should you choose?

Show transcribed image text Your father offers you a choice of $105,000 in 12 yearsor $47,000 today. a. If money is discounted at 8 percent, which should you choose b. If money is still discounted at 8 percent, but your choice is between $105,000 in 9 years or 47,000 today, which should you choose?

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 05:08 PM My Price 5.00

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