Question
Suppose you won a lottery 900000 interest of 0.06 percent , they offered you many choices the first one is to take the 900000 immediately
Suppose you won a lottery 900000 interest of 0.06 percent , they offered you many choices the first one is to take the 900000 immediately 2nd choice to take 110000 forever . 3rd choice to take 130000 for 15 years beginning now . 4th choice is to accept 3000000 at the end of the 30 years 5th choice if you put 900000 in a saving account how much you will have after 10 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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