Suppose the risk-free interest rate is 3.5%.
a. Having $300 today is equivalent to having what amount in one year?
b. Having $300 in one year is equivalent to having what amount today?
c. Which would you? prefer, $300 today or $300 in one? year? Does your answer depend on when you need the? money? Why or why? not?
a. Having $300 today is equivalent to having what amount in one year?
Having $300 today is equivalent to having ?$ in one year. (Round to the nearest cent.)