Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now.

Your grandmother has promised to give you $10,000 when you graduate from college. She is expecting you to graduate three years from now. What happens to the present value of this gift if you speed up your graduation by one year and graduate two years from now?

A) cannot be determined from the information provided

B) decreases

C) becomes negative

D) increases

E) becomes consistent

Show more
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question