What would be more valuable, receiving $1,895 today or receiving $3,450 in six years if interest rates are 8%?
A) Receiving $1,895 today.
B) Receiving $3,450 in 6 years.
C) They are worth the same amount.
D) Need more information to make a determination.

Question

Quizplus · Accepted Answer

The Answer of What would be more valuable, receiving $1,895 today or receiving $3,450 in six years if interest rates are 8%?
A) Receiving $1,895 today.
B) Receiving $3,450 in 6 years.
C) They are worth the same amount.
D) Need more information to make a determination.

What Would Be More Valuable, Receiving $1,895 Today or Receiving