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you have 30 min to solve this Suppose you won a lottery 500000 interest of 0.06 percent, they offered you many choices the first one
you have 30 min to solve this
Suppose you won a lottery 500000 interest of 0.06 percent, they offered you many choices the first one is to take the 500000 immediately 2nd choice to take 110000 forever . 3rd choice to take 50000 for 7 years beginning now. 4th choice is to accept 3300000 at the end of the 20 years 5th choice if you put 500000 in a saving account how much you will have after 30 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 5Step by Step Solution
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