Question 2 You have just won a "Game On Competition 2021" conducted by Majlis Perbandaran...
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Accounting
Question 2 You have just won a "Game On Competition 2021" conducted by Majlis Perbandaran Kajang. You now have a choice between three alternatives. You can get RM100,000 now, or RM10,000 per year in perpetuity, or RM50,000 now and RM150,000 at the end of 10 years. Given the appropriate discount rate is 12%. Based on those alternatives, which ONE should you choose? [Hint: you need to support your answer by showing relevant workings]
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