Suppose you won a lottery 900000 interest of 0.07 percent, they offered you many choices the first one is to take the 900000 immediately 2nd choice to take 100000 forever 3rd choice to take 90000 for 7 years beginning now. 4th choice is to accept 3000000 at the end of the 20 years 5th choice if you put 900000 in a saving account how much you will have after 30 years interest is compound semianually

Suppose you won a lottery 900000 interest of 0.07 percent, they offered you many choices the first one is to take the 900000 immediately 2nd choice to take 100000 forever 3rd choice to take 90000 for 7 years beginning now. 4th choice is to accept 3000000 at the end of the 20 years 5th choice if you put 900000 in a saving account how much you will have after 30 years interest is compound semianually

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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