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The Present Discounted Value Equation, , Means You

Question 77

Multiple Choice

The present discounted value equation, The present discounted value equation,   , means you: A)  would prefer to receive $386 today rather 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 rather than $386 today. D)  are indifferent between receiving $386 today and $1,000 in 100 years. E)  Not enough information is given. , means you:


A) would prefer to receive $386 today rather 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 rather than $386 today.
D) are indifferent between receiving $386 today and $1,000 in 100 years.
E) Not enough information is given.

Correct Answer:

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