Which of the Following Would You Prefer

question 94

Multiple Choice

Which of the following would you prefer?

• A)$400 to be received in nine years when rates are 8 percent
• B)$210 today
• C)$500 to be received in 12 years when rates are 8 percent
• D)$500 to be received in 12 years when rates are 9 percent

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Definitions:

RAM

Random Access Memory, a type of computer memory that can be accessed randomly and is used by the operating system, application programs, and data in current use.

WordPad

WordPad is a basic text-editing program included with Windows operating systems, allowing users to create and edit documents with simple formatting options.

Document

A file that contains text, images, or other data. It can be digital or physical.

File

A collection of data or documents that are stored together on a computer or other storage device.