You just won a prize, you can either receive Rs. 1000 today or Rs. 1,050 in one year. Which option do you prefer and why if you can earn 5 percent on your money?
Tap an option to check your answer.
✅ Correct answer: D. Either because both options are of equal value
Option A : Rs. 1,000 because it has the higher future value
Option B : Rs. 1,000 because you receive it sooner
Option C : Rs. 1,050 because it is more money
Option D : Either because both options are of equal value
Option E :
Correct Answer : Either because both options are of equal value
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