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The Equation Means You

Question 78

Multiple Choice

The equation means you: The equation means you: A) would prefer to receive $386 today than $1,000 in 10 years. B) are indifferent between receiving $386 today and $1,000 in 10 years. C) would prefer to receive $1,000 in 10 years than $386 today. D) are indifferent between receiving $386 today and $1,000 in 100 years. E) do not have enough information.

A) would prefer to receive $386 today than $1,000 in 10 years.
B) are indifferent between receiving $386 today and $1,000 in 10 years.
C) would prefer to receive $1,000 in 10 years than $386 today.
D) are indifferent between receiving $386 today and $1,000 in 100 years.
E) do not have enough information.

Correct Answer: