Business, 23.06.2020 19:01 nhdhdj

Suppose you win the lottery and have two options: A. Take $1 million now. B. Take $1.2 million to be paid out as 300,000 now and then $300,000 a year for 3 years. Which is the better deal? Assume that the interest rate is 10%. Please show your work. (4 point)

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Suppose you win the lottery and have two options: A. Take $1 million now. B. Take $1.2 million to be...