Would you be eager to pay 500 today in exchange for 10000, Ask an Expert

Management Studies

Would you be eager to pay $500 today in exchange for $10,000 in 30 years? What would be the vital considerations in answering yes or no? Would your response depend on who is making the promise to repay? For purpose of comparison, calculate the annual rate of return on this investment

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9379642

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