Discussion
1. What is compounding? What is discounting?
2. Would you be willing to pay $24,099 today in exchange for100,000 in 30 years? What would be the key considerations inanswering yes or no? Would your answer depend on who is making thepromise to repay?
Discussion 1. What is compounding? What is discounting? 2. Would you be willing to pay $24,099 today in exchange for 100
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