Question: please explain why You have just received an inheritance from a relative. You can either receive a $300,000 lumpsum amount at the end of 11

please explain why

You have just received an inheritance from a relative. You can either receive a $300,000 lumpsum amount at the end of 11 years OR receive $20,000 at the end of each year for the next 11 years. If your discount rate is 7%, which alternative would you prefer

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