You require an 8 percent annual return on your real estate investments and face two options. With one property u can get $20,000 10 years later (as a lump sum) or receive $3000 a year for the next 4 years with another property. Which is more valuable choice?

Answer rating: 100% (QA)

To determine which option is more valuable we need to calculate the present value of each ... View the full answer