You are slowly working your way to retirement. You are considering two investment opportunities. The first you would earn 16% per year with quarterly compounding. The second investment, you would invest $10,000 today and then receive $1,600 per year for the next 50 years starting a year from today as well as an extra $1,000,000 payout at the end. 

What of the investments do you prefer?

Answer rating: 100% (QA)

To determine which investment option is more preferable lets compare the two scenarios 1 First Inves... View the full answer