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What would be more valuable, receiving $81,300 today or receiving $95,000 in 5 years if interest rates are 4.0% and by how much would it be the more valuable alternative?
Receiving S95,000 / $78,083 higher Present Value
Both are worth the same amount
Insufficient data is provided to determine an answer to this question
Receiving S81,300 / $3,217 higher Present Value
Receiving S95,000 / $3,217 higher Present Value
Receiving S81,300 / $78,083 higher Present Value

Answer :

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