Suppose you won a lottery 600000 interest of 0.1 percent, they offered you many choices...
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Suppose you won a lottery 600000 interest of 0.1 percent, they offered you many choices the first one is to take the 600000 immediately 2nd choice to take 100000 forever 3rd choice to take 90000 for 18 years beginning now. 4th choice is to accept 3200000 at the end of the 24 years 5th choice if you put 600000 in a saving account how much you will have after 25 years interest is compound quarterly what is the value of the money from choice number 2? what is the value of the money from choice number 3? what is the value of the money from choice number 4? what is the value of the money from choice number 5
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