You have the choice of reeiving $90,000 now or $30,000 now and another $56,000 wo years tram
now in terms of today/ dollar, which chaice is better and by how much? Money is warth 5.3%.
oompounded ancually. Which shoice is befin? A. The choice of 590.000 now is better. 8. They are
equal in valie. c. The choice of $20,000 now and 556,000 in two yeore is betior. The beitin choice
in greater than the altemative choice by 5 in tecrns of todays dollar (Round the final angwer to the
nearest cent is needed. Round all intermedlate values to six decimal places at needed.).
90K Now or $30K Now & $56K in 2 Years? Which is Better by How Much
1. You have the choice of reeiving $90,000 now or $30,000 now and another $56,000 wo years tram
now in terms of today/ dollar, which chaice is better and by how much? Money is warth 5.3%.
oompounded ancually. Which shoice is befin? A. The choice of 590.000 now is better. 8. They are
equal in valie. c. The choice of $20,000 now and 556,000 in two yeore is betior. The beitin choice
in greater than the altemative choice by 5 in tecrns of todays dollar (Round the final angwer to the
nearest cent is needed. Round all intermedlate values to six decimal places at needed.)
