close
    1. Home
      2. ›
    2. Business & Finance
      3. ›
    3. Personal Finance
      4. ›
    4. Your uncle offers you a choice of $20,000 in 50 years or $45 today. If money is discounted at 13 percent, which offer should you choose? Explain with details and computations. Suppose it is discounted at 10 percent, what will be your answer?
    Your uncle offers you a choice of $20,000 in 50 years or $45 today. If money is discounted at 13 percent, which offer should you choose? Explain with details and computations. Suppose it is discounted at 10 percent, what will be your answer?

    Answer this
    0  Views: 776 Answers: 3 Posted: 13 years ago
    Comment this question

      3 Answers

      I'd take it now. Who knows what will be going on in fifty years. That's my form of simple calculation.

      13 years ago. Rating: 2
      Comment this answer

        The way inflation is going what makes one think that $20,000 would not only be worth $45 either way I would tell him I would rather have $4,000 in 10 years.

        13 years ago. Rating: 1
        Comment this answer

          All my uncles are dead, at least I hope they are we buried them, so I can`t really help you with your homework.

          13 years ago. Rating: 0
          Comment this answer



            Did this answer your question? If not, then ask a new question.
            Related Questions In This Category
            Go8 cung cấp sân chơi cá cược trực tuyến uy tín
            Answers: 0 | Views: 36 | Rating: 0 | Posted: 5 days ago

            Top contributors in Personal Finance category

             
            Colleen
            Answers: 222 / Questions: 1
            Karma: 3960
             
            ROMOS
            Answers: 71 / Questions: 0
            Karma: 3840
             
            Benthere
            Answers: 3 / Questions: 0
            Karma: 3345
             
            country bumpkin
            Answers: 43 / Questions: 0
            Karma: 3030
            > Top contributors chart

            Unanswered Questions

            Gvui
            Answers: 0 Views: 10 Rating: 0
            BONUS MISTERI
            Answers: 0 Views: 13 Rating: 0
            BONUS MISTERI
            Answers: 0 Views: 13 Rating: 0
            Heilige Orte Christentum
            Answers: 0 Views: 16 Rating: 0
            ko66
            Answers: 0 Views: 17 Rating: 0
            ok22lol
            Answers: 0 Views: 19 Rating: 0
            Gi8: Thien duong game doi thuong hap dan, trai nghiem dinh cao!
            Answers: 0 Views: 18 Rating: 0
            123betevent
            Answers: 0 Views: 18 Rating: 0
            > More questions...
            517883
            questions
            752705
            answers
            862081
            users