Question
Which one will you choose when you have the following as the prize money for winning the quiz? The discount rate is 12%. After five
Which one will you choose when you have the following as the prize money for winning the quiz? The discount rate is 12%.
After five years, I get 180,000 won.
I receive 19,000 won for 10 years.
I'm getting 100,000 won now.
Receive a permanent pension of 11,400 won
(1 Won= 1)
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Focus On Personal Finance
Authors: Jack Kapoor, Les Dlabay, Robert Hughes, Melissa Hart
6th Edition
125991965X, 978-1259919657
