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- As winner of a breakfast cereal competition, you can choose one of the following prizes: - TRL100,000 now - TRL180,000 at the end of

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- As winner of a breakfast cereal competition, you can choose one of the following prizes: - TRL100,000 now - TRL180,000 at the end of 5 years - TRL11,400 a year forever starting at the end of first year - TRL19,000 for the next 10 years starting at the end of the first year - TRL6,500 next year and increasing thereafter by 5% a year forever. - If the interest rate is 12%, which is the most valuable prize

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