Register
Would you rather receive $1,000 a year for 10 years or $800 a year for 15 years if the interest rate is 5%? What if the interest rate is 20%? (LOS-3)
58.6k views
4 votes
Would you rather receive $1,000 a year for 10 years or $800 a year for 15 years if the interest rate is 5%? What if the interest rate is 20%? (LOS-3)

User Saurjk
by
7.5k points

1 Answer

6 votes
Maybe $800 i think i am not sure
User Ozcanovunc
by
7.8k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.5m questions

11.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!