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alex41 [277]
3 years ago
9

You just won a prize that comes with two payout choices. The first option is to get $100,000 right now and nothing hereafter. Th

e second option is to get $94,000 right now and and $10,000 three years from now (and nothing after that). If your discount rate is 8 %, which should you take?After comparing the $100,000,000 for the first option and the 101,938.32 for the second option, you should choose:
A. First Option
B. either option, as they are equal
C.second option
Business
1 answer:
lorasvet [3.4K]3 years ago
8 0
The answer is a. If I’m not mistaken
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