You are selling your car and the dealership says to you, "we can either give you $15,000 today or we can give you $5,000

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answerhappygod
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You are selling your car and the dealership says to you, "we can either give you $15,000 today or we can give you $5,000

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You Are Selling Your Car And The Dealership Says To You We Can Either Give You 15 000 Today Or We Can Give You 5 000 1
You Are Selling Your Car And The Dealership Says To You We Can Either Give You 15 000 Today Or We Can Give You 5 000 1 (39.73 KiB) Viewed 11 times
You are selling your car and the dealership says to you, "we can either give you $15,000 today or we can give you $5,000 per year starting one year from now for the next 4 years." At what interest rate are you indifferent? (E.g. what interest rate is being provided here?). Choose the closest. 6.7% 33.3% 18.8% 12.6%
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