Question: (Comparing present and future values) Greer Hill just had a meeting with the pension advisor of her company. She was presented with three options for

(Comparing present and future values) Greer Hill just had a meeting with the pension advisor of her company. She was presented with three options for withdrawing her contribution so far. If she withdraws now, she will get £15,000 immediately. If she withdraws in 10 years’ time, she will get £28,000; and if she withdraws after 22 years, she will get £40,000. Assuming she earns 8 percent on her investments, which option should she choose?

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