Question

A business associate who owes Ana $4,000 offered to pay her $3,800 now or to pay her $2,000 now and $2,000 two years later. Using only financial reasons to make her decision, and assume that the interest is compounded continuously, she should switch choices at the annual interest rate

Answer 1

I think it will be 11,800 all u do is add

Answer 2

She should choose $2,000 now, and $2,000 dollars later.