Question #68932

Finance

You just won a prize, you can either receive Rs. 1000 today or Rs. 1,050 in one year. Which option do you prefer and why if you can earn 5 percent on your money?

Options:

Answer: You just won a prize, you can either receive Rs. 1000 today or Rs. 1,050 in one year. Which option do you prefer and why if you can earn 5 percent on your money Either because both options are of equal value.
Previous Next

Finance Related Questions

Category

Browse More Finance Questions

Test Your Knowledge

Want to practice more questions like this? Take a quiz in this category!

Take a Quiz

Share This Question

AdBlock Detected

We've detected that you're using an ad blocker. Our website is made possible by displaying online advertisements to our visitors.

Please support us by disabling your ad blocker for this website.

How to disable your ad blocker:

  1. Click on the ad blocker icon in your browser's toolbar
  2. Select "Pause on this site" or "Don't run on pages on this domain"
  3. Refresh the page