Imagine that someone offers you X dinars today or 1,500 dinars in 5 years.If the interest rate is 6 percent,then you would prefer to take the X today if and only if
A) X > 1,055.56.
B) X > 1,120.89.
C) X > 1,213.33.
D) X > 1,338.26.
Correct Answer:
Verified
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