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

Question

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The Answer of What would be more valuable, receiving $1,895 today or receiving $3,450 in six years if interest rates are 8 percent?
A)Receiving $1,895 today
B)Receiving $3,450 in six 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