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You can naceive $10,000 today or $3,000 per ear or the next f five years if the requred rate of retum is 10%, what option
You can naceive $10,000 today or $3,000 per ear or the next f five years if the requred rate of retum is 10%, what option should be selected? The resent value of an o ary annuity at 109 forfiva pa ods s 3 7908 The present value o one at 10% or fi e penods s 6209 O A. Receive 3,CO0er year for the next five ycars H Receive 310,0j0 today C. The results are the same for both options. D.D)Nether option is desirable
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