Homework Help: business

Posted by alaina on Tuesday, June 22, 2010 at 6:08pm.

Write a four paragraph answer, citing the text, to – Would you be willing to pay $500 today in exchange for $10,000 in 30 years? What would be the key considerations in answering yes or no? Would your answer depend on who is making the promise to repay? For purpose of comparison, compute the annual rate of return on this investment.

business - Ms. Sue, Tuesday, June 22, 2010 at 6:11pm
I wouldn't. At age 76, I won't live another 30 years.

What is YOUR answer?

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