loader  Loading... Please wait...

Question(s) / Instruction(s):

If an investor is indifferent between $1.00 today and $1.33 in three years,

a.            $1.33 must be the future value of $1.00 today.

b.            $1.00 must be the present value of $1.33 in three years.

c.             the annual interest rate must be 11%.

d.            All of these answer.

e.            {$1.00 must be the present value of $1.33 in three years.} and {$1.33 must be the future value of $1.00 today.}

Find Similar Answers by Subject


Student Reviews

Rate and review your solution! (Please rate on a Scale of 1 - 5. Top Rating is 5.)


Expert's Answer
Download Solution:
$1.79

This solution includes:

  • Plain text
  • Cited sources when necessary
  • Attached file(s)
  • Solution Document(s)

You Recently Viewed...



Reach Us

408-538-8534

20-3582-4059

39-008-4233

+1-408-904-6494