As a result of an injury settlement with your insurance you have the choice between
If you could invest your money at 8% compounded annually,which option should you pick?
A) (1) , because it has a higher PV.
B) You are indifferent between the two choices.
C) (2) , because it has a higher PV.
D) You do not have enough information to make that decision.
Correct Answer:
Verified
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