Suppose the? risk-free interest rate is 4.6%.
a. Having $600 today is equivalent to having what amount in one? year?
b. Having $600 in one year is equivalent to having what amount? today?
c. Which would you? prefer, $600 today or $600 in one? year? Does your answer depend on when you need the? money? Why or why? not?
a. Having $600 today is equivalent to having what amount in one? year?
Having $600 today is equivalent to having $ ----------- in one year. ?(Round to the nearest? cent.)