Financial reasoning: time-value, present value, future value...?

I need a little help with this study question. This is exactly the wording from the study guide. Here is the deal: You can pay your college tuition at the beginning of the academic year or the same amount at the end of the academic year. You either already have the money in an interest bearing account or will... show more I need a little help with this study question. This is exactly the wording from the study guide.

Here is the deal: You can pay your college tuition at the beginning of the academic year or the same amount at the end of the academic year. You either already have the money in an interest bearing account or will have to borrow it. Deal or no deal? Explain your financial reasoning. Relate your answer to time-value of money, present value, and future value.
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