for arthur's graduation gift, Arthur's grandmother gives him a choice: he can receive 1000 today or 1050 one year from today. at what annual interest rate would Arthur be indifferent to choosing between

asked Aug 21, 2021 85.2k views

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Answer:

Step-by-step explanation:

At an interest rate of 5% ,the present value of $1050 is $1000

CptEric answered Aug 28, 2021

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