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In 2 0 2 0 , you won the championship in a Singapore TV show. You can choose any one of the following reward packages.
In you won the championship in a Singapore TV show. You can choose any one of the following reward packages. Option : You will receive an amount of in years. Option : Starting from today, you will get annual payments of for years. Option : Beginning year from today, you will get annual payments for years. The first payment is and the amount would increase yearly. Assume that the discount rate is not given. Show your opinion on how to select the option to maximize your reward in the year of
In you won the championship in a Singapore TV show. You can choose any one of the following reward packages. Option : You will receive an amount of in years. Option : Starting from today, you will get annual payments of for years. Option : Beginning year from today, you will get annual payments for years. The first payment is and the amount would increase yearly. Assume that the discount rate is not given. Show your opinion on how to select the option to maximize your reward in the year of
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