Question: Economically speaking, which would you rather have: (1) $4,000 given to you right now, or (2) $1,000 given to you at the end of every

Economically speaking, which would you rather have: (1) $4,000 given to you right now, or (2) $1,000 given to you at the end of every year for 6 years starting at the end of year 1 and ending at the end of year 6? WHY? You think you can make 10% on your investments (annual rate compounded annually).

Please: Use interest factors for discrete compounding formulas (from the "Contemporary Engineering Economics - Chan S. Park" book) to answer.

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