You have the option of receiving a revenue stream of $575,000 per year for the next 12 years, or to receive a single pay
Posted: Sun May 29, 2022 8:06 pm
You have the option of receiving a revenue stream of $575,000
per year for the next 12 years, or to receive a
single payment of $6,750,020 today. Which option should you
choose?
Bank interest rates are 5.00% per year, compounded annually.
per year for the next 12 years, or to receive a
single payment of $6,750,020 today. Which option should you
choose?
Bank interest rates are 5.00% per year, compounded annually.