Suppose you won a lottery 500000 interest of 0.09 percent, they offered you many choices...
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Suppose you won a lottery 500000 interest of 0.09 percent, they offered you many choices the first one is to take the 500000 immediately 2nd choice to take 100000 forever 3rd choice to take 90000 for 15 years beginning now. 4th choice is to accept 3500000 at the end of the 30 years 5th choice if you put 500000 in a saving account how much you will have after 15 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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