Mathematics, 20.09.2020 03:01 didi2096
Ralph has been awarded some money in a settlement. He has the option to take a lump sum payment of $425,000 or get paid an annuity of $2,000 per month for the next 25 years. Which is the better deal for Ralph, and by how much, assuming the growth rate of the economy is 5.15% per year
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Ralph has been awarded some money in a settlement. He has the option to take a lump sum payment of $...
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