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Question 12 In the year 2000, McDonald's was running a game called Monopoly. For every item you purchased at the restaur
Posted: Sun Jul 03, 2022 12:57 pm
by answerhappygod
- Question 12 In The Year 2000 Mcdonald S Was Running A Game Called Monopoly For Every Item You Purchased At The Restaur 1 (91.53 KiB) Viewed 13 times
Question 12 In the year 2000, McDonald's was running a game called Monopoly. For every item you purchased at the restaurant, you earned a ticket to enter into the game. The highest prize offered two options: (a) $1,000,000 in one installment; or (b) $100,000 to be paid annually during 15 years, starting with one installment at the year 2000. Suppose that the interest rate is 10%. Which option would a savvy financial investor prefer? Option (b) 1 pts Option (a)