Write a four paragraph answer, citing the text, to – Would you be willing to pay $500 today in exchange for $10,000 in 30 years? What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay? For purpose of comparison, compute the annual rate of return on this investment. Respond to at least two of your fellow students’ postings. .

1. Write a four paragraph answer, citing the text, to – Would you
be willing to pay $500 today in exchange for $10,000 in 30
years? What would be the key considerations in answering yes
or no? Would your answer depend on who is making the
promise to repay? For purpose of comparison, compute the
annual rate of return on this investment. Respond to at least two
of your fellow students’ postings.