Hi, I need help with essay on No paper/ just questions. Paper must be at least 250 words. Please, no plagiarized work!I would rather take the 500 dollars after one year because their present values ar

Hi, I need help with essay on No paper/ just questions. Paper must be at least 250 words. Please, no plagiarized work!

I would rather take the 500 dollars after one year because their present values are nearly the same. That means that their rate of interest is nearly the same. In one year, they will have generated nearly the same interest. Because of time value for money, I would rather take $500 after one