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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 100000 forever 3rd choice to take 100000 for 15 years beginning now. 4th choice is to accept 2000000 at the end of the 30 years 5th choice if you put 1000000 in a saving account how much you will have after 5 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? what is the value of the money from choice number 5
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