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Other Fields Homework Help Finance Topic started by: borteleto on Jul 4, 2018



Title: Today is your 30th birthday and you must choose between two retirement options. The first option ...
Post by: borteleto on Jul 4, 2018
Today is your 30th birthday and you must choose between two retirement options. The first option will provide you with 10 equal annual payments of $100,000 beginning on your 65th birthday. The second option will provide you with one payment of $1,000,000 on your 70th birthday. If the interest rate is 6 percent per year and you are assured of living to at least 80 years of age, which option is better?


Title: Today is your 30th birthday and you must choose between two retirement options. The first option ...
Post by: guzman on Jul 4, 2018
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Title: Today is your 30th birthday and you must choose between two retirement options. The first option ...
Post by: borteleto on Jul 4, 2018
Marking this solved, moving on to the next...