Finance 1-Suppose The Risk-Free Interest Rate Is 4.7%

Suppose the risk-free interest rate is 4. 7%. a. Having $ 100 today is equivalent to having what amount in one year?b. Having 100 in one year is equivalent to having what amount today?c. Which would you prefer $100 today or $100 in one year? Does your answer depend on when you need the money? Why or why not?

Originally posted 2018-07-07 18:53:17. Republished by Blog Post Promoter