Mother Bear is soon to retire and has the opportunity to receive a retirement benefit in the amount of P50,000 per year

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answerhappygod
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Mother Bear is soon to retire and has the opportunity to receive a retirement benefit in the amount of P50,000 per year

Post by answerhappygod »

Mother Bear is soon to retire and has the opportunity to receive
a retirement benefit in the amount of P50,000 per year for the next
25 years with a 6% discount rate or take a lump sum payment of
650,000. Which is a better option?
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