Posted by **Julia Coon** on Wednesday, April 24, 2013 at 11:51am.

You are considering two lottery payment options: Option A pays $10,000 today and Option B pays $20,000 at the end of ten years. Assume youc an earn 6 percent on your savings. Which option will you choose if you base your decision on present values? Which option will you choose if you base your decision on future values? Explain why your answers are either the same or different.

- Finance -
**Anonymous**, Thursday, October 22, 2015 at 9:33pm
Dkdkdk

- Finance -
**Anonymous**, Thursday, October 22, 2015 at 9:33pm
Dkdkdkmfmfmf

- Finance -
**Anonymous**, Thursday, October 22, 2015 at 9:35pm
10000

- Finance -
**Anonymous**, Thursday, October 22, 2015 at 9:37pm
Sksskksksksskksksoowk

## Answer This Question

## Related Questions

- math - 6. A lottery offers two options for the prize. Option A: $1000 a week for...
- math - 6. A lottery offers two options for the prize. Option A: $1000 a week for...
- Mathematics - Suppose an employee of a company is retiring and has the choice of...
- math - A client comes to you for investment advice on his $500,000 winnings ...
- math - A client comes to you for investment advice on his $500,000 winnings ...
- MBA Finance - Sally has won the grand prize in a lottery and must choose between...
- math/ compounded - Scenario: A client comes to you for investment advice on his...
- ALGEBRA / MATH / FINANCIAL - PLEASE HELP.. HERE'S THE QUESTION.... RYAN IS GOING...
- math - Suppose that you were saving money over 5 years to use in a purchase ...
- Investment interest - Scenario: A client comes to you for investment advice on ...

More Related Questions