A judge requires Harry to make a payment to Sally.The judge says that Harry can pay her either $10,000 today or $11,000 two years from today.Of the following interest rates,which is the highest one at which Harry would be better off paying the money today?
A)3%
B)4%
C)5%
D)6%

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The Answer of A judge requires Harry to make a payment to Sally.The judge says that Harry can pay her either $10,000 today or $11,000 two years from today.Of the following interest rates,which is the highest one at which Harry would be better off paying the money today?
A)3%
B)4%
C)5%
D)6%

A Judge Requires Harry to Make a Payment to Sally