A judge requires Harry to make a payment to Sally. The judge says that Harry can pay her either $10,000 today or $12,000 two years from today. Of the following interest rates, which is the highest one at which Harry would be better off paying the money today?

a. 4 percent
b. 6 percent
c. 9 percent
d. 11 percent

c

Economics

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Following the stock market crash of 1929 depositors demanded their money back, the Fed failed to act as the lender of last resort by lending banks money to repay depositors, and between 1930 and 1933 about one-third of all banks had failed

Indicate whether the statement is true or false

Economics

Marginal revenue is

A) change in total revenue/change in output. B) total revenue/output. C) change in total revenue/output. D) total revenue/change in output.

Economics