Please show work!
Would you rather have $3,000 today or $5,000 in 5 years if your
opportunity cost of capital is 10%?
How much do you have to invest today to have $15,000 in 3 years
if you can get 9% return on your investment?
Would you pay someone $10,000 today in order to get $19,000 in
10 years if your opportunity cost of capital is 9%?
What is the effective annual interest rate of 7.25% compounded
quarterly?
How much...