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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 would you choose?

If you win the lottery and can choose $10,000 today or $2,000 at the end of each year for 6 years, which would you choose? Consider only the value of the options in your analysis Use an interest rate of 6%.

a. Take the 2,000 for 6 years b/c it is worth 12,000 in today's dollars

b. None of the choices are correct

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

d. Take the 2,000 for 6 years because it is worth 10,484 in todays dollars

e. Take the 2,000 for 6 years because it is worth 10,316 in todays dollars

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