Your aunt has offered to give you $1,000 annually for the next 2 years or $3,000 at the end of 2 years. What must be the appropriate discount rate if you are indifferent between the two payment schemes?

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The Answer of Your aunt has offered to give you $1,000 annually for the next 2 years or $3,000 at the end of 2 years. What must be the appropriate discount rate if you are indifferent between the two payment schemes?

Your Aunt Has Offered to Give You $1,000 Annually for the Next