Refer to Scenario 5.3. Based on the 10 years' past performance, what is the probability of a good year for Zowiebo?

The rate of return that households expect on their savings is determined by:

A) exchange rates. B) interest rates. C) government expenditure. D) tax rates.

Suppose you have two clients who need your services for two years. One agreed to pay you $50,000 one year from now and another $50,000 in two years while the other paid $35,000 after one year, but $65,000 after two years

Assuming an interest rate of 10%, which one has a higher present value? Round off to the nearest dollar.