Question: Revised Example 4 - 9 5 % APR, Compounded Monthly: Get Paid 1 ) $ 7 0 0 k today, 2 ) $ 1 7

Revised Example 4-9
5% APR, Compounded Monthly: Get Paid 1) $700k today, 2) $175k Annually for 5
Years, 3) Paid as Shown in the Following Table, 4) $1M at the end of Year 5? Which is the best option out of the four? Which will give you the most money at the end?
Revised Example 4-9 5% APR, Compounded Monthly: Get Paid 1) $700k

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