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OpenStudy (anonymous):
Please help!! 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? Lump Sum: by $14,899.82 Lump Sum: by $43,535.88 Annuity: by $14,899.82 Annuity: by $43,535.88
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OpenStudy (anonymous):
c
OpenStudy (anonymous):
There is no way you solved that or even tried you replied not even 30 seconds after I posted it.
OpenStudy (anonymous):
lol
OpenStudy (anonymous):
im funny
OpenStudy (anonymous):
arnt i funny
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