You have been offered two annuities for the same price. Annuity 1 pays ($ 50,000) per year
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You have been offered two annuities for the same price. Annuity 1 pays \(\$ 50,000\) per year at the end of the year for 10 years. Annuity 2 pays \(\$ 40,000\) per year at the end of the year for 20 years. If your cost of capital is \(10 \%\), which of these two annuities is a better deal? Why?
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Sumit kumar
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QUATERNARY Pursuing M.Tech.(2017-2019) in Electronics and Communication Engg. (VLSI DESIGN) from
GNIOT Greater Noida
TERTIARY B.Tech. (2012-2016) in Electronics and Communication Engg. from GLBITM Greater Noida
SECONDARY Senior Secondary School Examination (Class XII) in 2012 from R.S.S.Inter College, Noida
ELEMENTARY Secondary School Examination (Class X) in 2010 from New R.J.C. Public School ,Noida
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