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You own a rental property and a stranger has offered to pay you to rent the property for the next 5 years. The stranger says

  1. You own a rental property and a stranger has offered to pay you to rent the property for the next 5 years. The stranger says he will pay $12,000 per year at the end of each year for 5 years or will give you $55,000 at the beginning of the lease. If you can earn 5.00% elsewhere, which one should you choose?
    1. Take the money up front
    2. Take the annual payments
    3. Dont lease the property to a stranger
    4. There is no economic difference between the two choices

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