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2. Milk & Honey, Inc. offers you a signup bonus for $120,000. You may choose how to receive the payments. Current interest rate is 10.0%.
2. Milk & Honey, Inc. offers you a signup bonus for $120,000. You may choose how to receive the payments. Current interest rate is 10.0%. Which is your best option? (No Calculations needed-think!) a. $120,000 at the end of first year or 12-months (one payment) b. $30,000 at the end of every quarter or 3-months (four payments) $10,000 at the end of every month (twelve payments) C
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