You have three choices of retirement plans: a) $1 million at the end of 20 years,...
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You have three choices of retirement plans: a) $1 million at the end of 20 years, b) $1,500 at the end of each month for 20 years, or c) $23,000 at the end of each year for 20 years. Assuming you can earn 8% interest, which one should you choose? a) a is best. b) b is best. c) c is best. d) a and b are equal and are better than c. e) b and c are equal and are better than a. You have three choices of retirement plans: a) $1 million at the end of 20 years, b) $1,500 at the end of each month for 20 years, or c) $23,000 at the end of each year for 20 years. Assuming you can earn 8% interest, which one should you choose? a) a is best. b) b is best. c) c is best. d) a and b are equal and are better than c. e) b and c are equal and are better than a.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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