(c) Considering the information obtained in (b), should your uncle wait until 67 for his pension benefits? If he waits until age 67, how will his pension benefit change the answer to (b)? 
January 3, 2018
Why are the costs that reduce the value of equipment not directly posted to the asset account Equipment?
January 3, 2018

Which of the following alternatives would you choose, assuming an interest rate of 8% compounded annually? Alt 1: Receive $100 today Alt 2: Receive $120 two years from now

Which of the following alternatives would you choose, assuming an interest rate of 8% compounded annually?
Alt 1: Receive $100 today
Alt 2: Receive $120 two years from now

 

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