Ty was seriously injured in a planking accident. He successfully sued the railway company and was awarded $700,000. The railway cannot afford to pay the lump sum immediately and would prefer to make ten annual payments (at the end of each of the next ten years). If the interest rate is 10%, then what size of payment makes Ty indifferent between the lump-sum and the payments

and whats your questoin

answer; correct answer is investing activity;

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.