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Other Fields Homework Help Business Topic started by: GoodMad_ on Nov 28, 2016



Title: An annuity contract will pay you $4,000 a year (end of year) for the next three years. Or, you can ...
Post by: GoodMad_ on Nov 28, 2016
An annuity contract will pay you $4,000 a year (end of year) for the next three years. Or, you can choose to receive $12,610 at the end of the third. Assuming that you can earn 8% on investments, you should
A) choose to receive the $12,610 payment.
B) choose to receive the $4,000 annuity payments.
C) flip a coin to make the choice; each is equally attractive.
D) flip a coin to make the choice; each is equally unattractive.


Title: Re: An annuity contract will pay you $4,000 a year (end of year) for the next three years. Or, you ...
Post by: bzapian on Dec 1, 2016
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Title: Re: An annuity contract will pay you $4,000 a year (end of year) for the next three years. Or, you can ...
Post by: GoodMad_ on Jan 12, 2017
I'll mark it solved, you deserve it