{"id":396,"date":"2017-11-07T20:00:03","date_gmt":"2017-11-07T14:00:03","guid":{"rendered":"https:\/\/mcqacademy.com\/en\/mcq\/luis-is-going-to-receive-20000-six-years-from-now-soo-lee-is-these-amounts\/"},"modified":"2017-11-07T20:00:03","modified_gmt":"2017-11-07T14:00:03","slug":"luis-is-going-to-receive-20000-six-years-from-now-soo-lee-is-these-amounts","status":"publish","type":"mcq","link":"https:\/\/mcqacademy.com\/en\/mcq\/luis-is-going-to-receive-20000-six-years-from-now-soo-lee-is-these-amounts\/","title":{"rendered":"Luis is going to receive $20,000 six years from now. Soo Lee is&#8230;..these amounts?"},"content":{"rendered":"<p>Luis is going to receive $20,000 six years from now. Soo Lee is going to receive $20,000 nine years from now. Which one of the following statements is correct if both Luis and Soo Lee apply a 7 percent discount rate to these amounts?<\/p>\n","protected":false},"author":34,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","topic":[70],"subject":[7],"class_list":["post-396","mcq","type-mcq","status-publish","hentry","topic-the-time-value-of-money","subject-corporate-finance"],"mcq_note":"Luis is going to receive $20,000 six years from now. Soo Lee is going to receive $20,000 nine years from now. Which one of the following statements is correct if both Luis and Soo Lee apply a 7 percent discount rate to these amounts?Answer:In today's dollars, Luis' money is worth more than Soo Lee's.","mcq_options":[{"right":"no","answer":"The present values of Luis and Soo Lee's monies are equal. "},{"right":"no","answer":"In future dollars, Soo Lee's money is worth more than Luis' money. "},{"right":"yes","answer":"In today's dollars, Luis' money is worth more than Soo Lee's. "},{"right":"no","answer":"Twenty years from now, the value of Luis' money will be equal to the value of Soo Lee's money."}],"multi_answers":"no","subject_terms":[{"id":7,"title":"Corporate Finance","slug":"corporate-finance"}],"topic_terms":[{"id":70,"title":"The Time Value of Money","slug":"the-time-value-of-money"}],"_links":{"self":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq\/396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/mcq"}],"about":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/types\/mcq"}],"author":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/comments?post=396"}],"wp:attachment":[{"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/media?parent=396"}],"wp:term":[{"taxonomy":"topic","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/topic?post=396"},{"taxonomy":"subject","embeddable":true,"href":"https:\/\/mcqacademy.com\/en\/wp-json\/wp\/v2\/subject?post=396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}