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You have won a competition , and can choose any one of the following prize: a. 100,000 now b. 180,000 at the end of give
You have won a competition , and can choose any one of the following prize:
a. 100,000 now
b. 180,000 at the end of give of five years from
c. 11,400 forever
d. 19,000for each of the 10 years
e . 6,500next year, and increaseing by 5% per year forever after If the interest rate is 12% what do you choose?
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