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If you win the lottery and can choose - $10,000 today, or - $2,000 at the end of each year for 6 years, which should

If you win the lottery and can choose

- $10,000 today, or

- $2,000 at the end of each year for 6 years,

which should you choose? Consider only the value of the options in your analysis. Use an interest rate of 6%.

None of the choices is correct.

Take the $2,000 for 6 years because it is worth $12,000 in today's dollars.

Take the $10,000 today because it is worth more than $2,000 spread over 6 years.

Take the $2,000 for 6 years because it is worth $10,484 in today's dollars.

Take the $2,000 for 6 years because it is worth $10,316 in today's dollars.

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