Exercise $10$: Future values and present values

If money is worth $12\%,$ would you prefer receiving $$200,000$ now or $$30,000$ each year for the next $10$ years?

Questions

Exercise $10\mathrm{.}1$

HomeworkUnansweredDue Apr $4$th$,1$:$00$ PM

Fill in the Blanks

Type your answers in all of the blanks and submit

$-$ current answer: What is the value of each amount $10$ years from now? Lump sum option $=$ $$-$ blank$1-$ Annuity option $=$ $$-$ blank$2-$

What is the value of each amount $10$ years from now?

Lump sum option $=$ $

blank$1-$ Numeric Answer

Type your answer here

Annuity option $=$ $

blank$2-$ Numeric Answer