Question
1.Decide which is the better choice, if you will be able to receive either: A.$25,000 right nowOR B.a payment to you every year of $4,100
1.Decide which is the better choice, if you will be able to receive either:
A.$25,000 right nowOR
B.a payment to you every year of $4,100 for the next 8 years. That adds up to a total of $32,800 altogether........WOW!
Assume that money can earn 7% p.a. interest. Be sure to explain your choice clearly.
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Fundamentals of Investments Valuation and Management
Authors: Bradford Jordan, Thomas Miller
7th edition
978-0078096785, 78096782, 978-0077861636, 77861639, 978-0078115660
