Suppose the risk-free interest rate is 35a having 300 today, Ask an Expert

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Suppose the risk-free interest rate is 3.5%.

a. Having $300 today is equivalent to having what amount in one year?

b. Having $300 in one year is equivalent to having what amount today?

c. Which would you? prefer, $300 today or $300 in one? year? Does your answer depend on when you need the? money? Why or why? not?

a. Having $300 today is equivalent to having what amount in one year?

Having $300 today is equivalent to having ?$ in one year. (Round to the nearest cent.)

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