Saturday
April 19, 2014

Homework Help: Finance

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.

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