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    james1122's Avatar
    james1122 Posts: 2, Reputation: 1
    New Member
     
    #1

    Dec 18, 2011, 04:00 PM
    Interest tables illustrate that
    1.
    A dollar received today is worth more than a dollar to be received tomorrow
    2.
    The present value of an annuity of $100 at 15% is worth more than an annuity of $100 at 12%
    3.
    "discounting the future at a high rate" places emphasis on the present
    A.
    1 and 2
    B.
    1 and 3
    C.
    2 and 3
    D.
    1, 2, and 3
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Dec 18, 2011, 04:37 PM
    Thank you for asking our help with your homework assignment. However, there are some rules we have for doing so.
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