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Which has Greater Value

Which has Greater Value? $47,680 Cash plus $29,950 Interest Deposit or $38,800 Cash plus $34,580 Interest Deposit.
Question asked by: WilliamNic

Asked on: 26 Aug 2010
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Well if you ascertain value by simply adding them up then the former has the higher total value.

However if there is some other element that comes into the equation such as the future earnings potential based on the relative interest in the two set ups then you may derive a different answer.

By: knowitall
Replied at: 30 Aug 2010
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