Michael has just won some money on a game show! He has the option to take a lump sum payment of $700,000 now or get paid an annuity of $3,600 at the beginning of each month for the next 20 years. Assuming the growth rate of the economy is 3.4% compounding annually over the
next 20 years, which is the better deal for Michael and by how much?
Lump Sum: by $59,36]5.20
Lump Sum: by $502,182.81
Annuity: by $59,366.20

Annuity: by $164,000

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Michael should take the lump sum, then he can also invest it and make even more money

I hope this helped!

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- Zack Slocum

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answer: if you weigh 60 pounds on earth, on the moon you will weigh about 10 pounds. if you weigh 120 pounds on earth, you will weigh about 20 pounds on the moon. since weight is caused by the mass of two objects that are near each other, the bigger the objects, the more the force of gravity.

step-by-step explanation: if you weigh 60 pounds on earth, on the moon you will weigh about 10 pounds. if you weigh 120 pounds on earth, you will weigh about 20 pounds on the moon. since weight is caused by the mass of two objects that are near each other, the bigger the objects, the more the force of gravity.

welll its a very hard question but ill

step-by-step explanation:

first you take the 6 dollars and add 10 to it then add the 50 to that then multiply by 8 with xy and your answer will be

hope this