You are offered a choice between 5000 today or 10000 in 5, Business Economics

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You are offered a choice between 5000 today or 10000 in 5

You are offered a choice between $5000 today or $10,000 in 5 years. If you choose the $10,000 in 5 years, this implies that

A. your discount rate is less than 15%

B. your discount rate is more than 15%

C. your discount rate must be between 50% and 100%

D. your discount rate is greater than 100%

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Business Economics: You are offered a choice between 5000 today or 10000 in 5

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Business Economics: You are offered a choice between 5000 today or 10000 in 5

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