Question

Rudy has been awarded some money in a settlement. He has the option to take a lump sum payment of $200,000 or get paid an annuity of $1,000 per month for the next 25 years. Which is the better deal for Rudy, and by how much, assuming the growth rate of the economy is 2.75% per year?

Answer 1

Lump Sum: by $14,899.82

Lump Sum: by $43,535.88

Annuity: by $14,899.82

Annuity: by $43,535.88

Answer 2

you have the same question ?

Answer 3

no i was posting the options

Answer 4

how did you knoe those were the options?

Answer 5

from google

Answer 6

oh