Equivalent to having what amount? today

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Reference no: EM131991134

Suppose the? risk-free interest rate is 4.6%.

a. Having $600 today is equivalent to having what amount in one? year?

b. Having $600 in one year is equivalent to having what amount? today?

c. Which would you? prefer, $600 today or $600 in one? year? Does your answer depend on when you need the? money? Why or why? not?

a. Having $600 today is equivalent to having what amount in one? year?

Having $600 today is equivalent to having $ ----------- in one year. ?(Round to the nearest? cent.)

Reference no: EM131991134

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