Comment on How much should I pay for a Dollar next year?
commented on
04 Sep 2013, 07:05 AM
Spink,
Guess you are confused on this, You have already bought the 1000 dollars and kept in the locker to give it to your friend next year. But when that friend comes back to you next year, will you give him the dollars at 66 itself? What about your cost of buying and keeping it for 1 year?
The 2 scenarios explain how much you should charge your friend over and above the price of 66.
Hope this clarifies.
Cheers,