You are planning to buy a lottery ticket for the $226,000,000 jackpot. If you have (Option A).

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You are planning to buy a lottery ticket for the $226,000,000 jackpot. If you have (Option A). the cash option of receiving $154,300,000 today or you can opt to choose (Option B). the 30 payments of $7,533,333.

If, your investment account earns 10% interest compounded annually and average inflation rate is 3%, what is the future value of OPTION A in 30 years?

Posted Date: May 18, 2024 08:07 AM

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You are planning to buy a lottery ticket for the $226,000,000 jackpot. If you have (Option A).

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