Question: Your late, rich uncle left you $250,000. The executor of the estate has asked if you would rather receive the full amount now or $30,000

Your late, rich uncle left you $250,000. The executor of the estate has asked if you would rather receive the full amount now or $30,000 a year for the next 40 years. Which of these options would you take, assuming that your desired rate of return is

1. 10%?

2. 12%?

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