Whats the discount rate that would make you indifferent


Question: What's the discount rate that would make you indifferent between these two options: $5,000 in year 2 vs. $20,000 in year 30? (Answer without percentage sign and round to 2 decimal places) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Whats the discount rate that would make you indifferent
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