you are ofmered a s2.300,000 retirement package to be given in s120,000 peyments at the end of each of the next 28 yoars. You are alao gven the option of accesting a s1.190,000 ume sum payment now....

You are offered a $3,360,000 retirement package to be given in $120,000 payments at the end of each of the next 28 years. You are also given the option of accepting a $1,190,000 lump sum payment now. Interest rates are at 8.3% over the next 28 years. Which is a better option?

A- the offered annual payments of $120,000

b- the lump sum of $1,190,000

c- they are the same

d cannot be determined

you are ofmered a s2.300,000 retirement package to be given in s120,000 peyments at the end of each of the next 28 yoars. You are alao gven the option of accesting a s1.190,000 ume sum<br>payment now. Teterest rates ere at 3% over the next 2 years. Which is a better option?<br>the uffered annual payments uf s120,000<br>the lump sum of $1,190,000<br>they are the same<br>cancot be detemined<br>

Extracted text: you are ofmered a s2.300,000 retirement package to be given in s120,000 peyments at the end of each of the next 28 yoars. You are alao gven the option of accesting a s1.190,000 ume sum payment now. Teterest rates ere at 3% over the next 2 years. Which is a better option? the uffered annual payments uf s120,000 the lump sum of $1,190,000 they are the same cancot be detemined

Jun 10, 2022

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you are ofmered a s2.300,000 retirement package to be given in s120,000 peyments at the end of each of the next 28 yoars. You are alao gven the option of accesting a s1.190,000 ume sum payment now....

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