Business, 26.09.2019 23:00 tiphannyk

You won a lottery and you have two options for receiving the money. you can receive a lump sum of $50,000 today or receive future payments of $8,000 every year for ten years (first payment will start in one year). the discount rate is 7%. which option should you take and why?

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You won a lottery and you have two options for receiving the money. you can receive a lump sum of $5...