Question
Suppose you won a lottery 1000000 interest of 0.09 percent, they offered you many choices the first one is to take the 1000000 immediately 2nd
Suppose you won a lottery 1000000 interest of 0.09 percent, they offered you many choices the first one is to take the 1000000 immediately 2nd choice to take 110000 forever 3rd choice to take 90000 for 15 years beginning now. 4th choice is to accept 3500000 at the end of the 30 years 5th choice if you put 1000000 in a saving account how much you will have after 25 years interest is compound quarterly what is the value of the money from choice number 2? what is the value of the money from choice number 3? what is the value of the money from choice number 4?
Suppose you won a lottery 1000000 interest of 0.09 percent, they offered you many choices the first one is to take the 1000000 immediately 2nd choice to take 110000 forever 3rd choice to take 90000 for 15 years beginning now. 4th choice is to accept 3500000 at the end of the 30 years 5th choice if you put 1000000 in a saving account how much you will have after 25 years interest is compound quarterly what is the value of the money from choice number 2? what is the value of the money from choice number 3? what is the value of the money from choice number 4? Suppose you won a lottery 1000000 interest of 0.09 percent, they offered you many choices the first one is to take the 1000000 immediately 2nd choice to take 110000 forever 3rd choice to take 90000 for 15 years beginning now. 4th choice is to accept 3500000 at the end of the 30 years 5th choice if you put 1000000 in a saving account how much you will have after 25 years interest is compound quarterly what is the value of the money from choice number 2? what is the value of the money from choice number 3? what is the value of the money from choice number 4Step by Step Solution
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