Would you rather receive: $5,500 at the end of three years, $1,200 per year for 7...

Would you rather receive: $5,500 at the end of three years, $1,200 per year for 7 years or $750 per year for 15 years if the discount rate is 20%?

5a) Would your answer change if discount rate is 2%? If the answer does change, explain in a simple sentence “why”/what happened?

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jeff jeffy answered 1 year ago

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