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mdensmore mdensmore
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A year ago
Assume money can earn 15% compounded semiannually. Rank the following payments in order of the payee's first choice, second choice, and third choice, respectively: $10,000 paid today, $20,000 to be paid five years from today, or $13,500,000 to be paid fifty years from today.

▸ $10,000; $20,000; $13,500,000

▸ $10,000; $13,500,000; $20,000

▸ $13,500,000; $10,000; $20,000

▸ $13,500,000; $20,000; $10,000

▸ $20,000; $13,500,000; $10,000
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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GlitterBug11GlitterBug11
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mdensmore Author
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A year ago
this is exactly what I needed
branbran2k16
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Yesterday
Good timing, thanks!
Shassta22
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2 hours ago
Smart ... Thanks!
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