Patricks luck had changed overnightbut not his skill at mathematical reasoning. The day after graduating from college
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The next day Patrick pulled the crumpled lottery ticket out of the back pocket of his blue jeans and tried to compare his numbers to the winning numbers printed in the paper. When his eyes finally came into focus on the numbers they also just about popped out of his head. He had a winning ticket! In the ensuing days he learned that his share of the jackpot would give him a lump sum payout of about $500,000 after taxes. He knew what he was going to do with part of the money: buy a new car, pay off his college loans, and send his grandmother on an all-expenses-paid trip to Hawaii. But he also knew that he couldn’t continue to hope for good outcomes to arise from more bad decisions. So he decided to take half of his winnings and invest it for his retirement.
So what do you think? Who is right, Josh or Peyton? And more important, why?
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Related Book For
Spreadsheet Modeling & Decision Analysis A Practical Introduction to Management Science
ISBN: 978-0324656633
5th edition
Authors: Cliff T. Ragsdale
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