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    bugmelater's Avatar
    bugmelater Posts: 3, Reputation: 1
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    #1

    Oct 20, 2010, 07:50 PM
    Finance-homework-help
    If the rate of discount is 20 percent?
    a. would you rather receive $100 today or $120 in one year?
    b. Would you rather receive $205 today or $240 in one year?
    c. Would you rather receive $500 in one year or $610 in two years?
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Oct 20, 2010, 07:53 PM

    Thank you for taking time to cut and paste your homework, we do not allow our members to answer your homework, you can give us your answers and we can give you opinions of that
    sgrello's Avatar
    sgrello Posts: 1, Reputation: 1
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    #3

    Oct 15, 2013, 08:59 AM
    $100 today rather than $120 in one year because after the rate of discount the $120 would only be worth $54.55.
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