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Which option is better? Assume a discount rate of 1 5 % . A . unending payment where the first payment is $ 6 0

Which option is better? Assume a discount rate of $15 % .$

A $.$ unending payment where the first payment is $ $600$ and this payment will increase by $3 %$ every year.

B $.$ fixed $ $750$ of yearly payments for the next $50$ years.

FINAL ANSWER: option

Question Blank $1$ of $1$

is better.

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Which option is better? Assume a discount rate of 1 5 % . A . unending payment where the first payment is $ 6 0

Which option is better? Assume a discount rate of 15%. A. unending payment where the first payment is $600 and this payment will increase by 3% every year. B. fixed $750 of yearly payments for the next 50 years. FINAL ANSWER: option Question Blank 1 of 1 is better.

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Which option is better? Assume a discount rate of $15 % .$

A $.$ unending payment where the first payment is $ $600$ and this payment will increase by $3 %$ every year.

B $.$ fixed $ $750$ of yearly payments for the next $50$ years.

FINAL ANSWER: option

Question Blank $1$ of $1$

is better.