Business
Business, 07.11.2019 15:31, calebabaltimore

Rudy has been awarded some money in a settlement. he has the option to take a lump sum payment of $200,000 or get paid an annuity of $1,000 per month for the next 25 years. which is the better deal for rudy, and by how much, assuming the growth rate of the economy is 2.75% per year?

lump sum: by $14,899.82

lump sum: by $43,535.88

annuity: by $14,899.82

annuity: by $43,535.88

answer
Answers: 3

Similar questions

Do you know the correct answer?
Rudy has been awarded some money in a settlement. he has the option to take a lump sum payment of $2...

Questions in other subjects:

Konu
Mathematics, 20.08.2019 21:40