Exchange for a promise to repay an amount

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-Why do you think Toyota Motor Credit Corporation would be willing to accept such a small amount in 2008 ($24,099) in exchange for a promise to repay an amount almost four times larger ($100,000) in the future?

-Would you be willing to pay $24,099 today in exchange for $100,000 thirty years from now? Justify your answers.

Reference no: EM133076591

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