Your Aunt Matilda Mae makes you the following offer: $15,000 upon graduation in one year or $18,000 upon MBA graduation in 3 years.
a) Which offer should you take if current rates are 14%
b) Which offer should you take if current rates are 5%

Question

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The Answer of Your Aunt Matilda Mae makes you the following offer: $15,000 upon graduation in one year or $18,000 upon MBA graduation in 3 years.
a) Which offer should you take if current rates are 14%
b) Which offer should you take if current rates are 5%

Your Aunt Matilda Mae Makes You the Following Offer: $15,000