Question: 8. Decide which is the better choice, if you will be able to receive either: A. $25,000 right now OR B. a payment to you

8. Decide which is the better choice, if you will be able to receive either: A. $25,000 right now OR

B. a payment to you every year of $4,100 for the next 8 years. That adds up to a total of $32,800 altogether.......

Assume that money can earn 7% p.a. interest. Be sure to explain your choice clearly.

8. Decide which is the better choice, if you will be able to receive either: A. $25,000 right now OR B. a payment to you every year of $4,100 for the next 8 years. That adds up to a total of $32,800 altogether........WOW! Assume that money can earn 7% p.a. interest. Be sure to explain your choice clearly

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