question archive 1) Present Value Your uncle offers you a choice of $105,000 in 10 years or $47,000 today
1) Present Value Your uncle offers you a choice of $105,000 in 10 years or $47,000 today
Subject:AccountingPrice: Bought3
1) Present Value
Your uncle offers you a choice of $105,000 in 10 years or $47,000 today. If money is discounted at 9 percent, which should you choose?
