You are offered 110000 today or 300000 in 15 years assuming


1. You are offered ?$110,000 today or ?$300,000 in 15 years. Assuming that you can earn 11 percent on your? money, which should you? choose?

2. How does a new business go about convincing a commercial lender that the business has a good credit rating?

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Financial Management: You are offered 110000 today or 300000 in 15 years assuming
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