Who wants to be a millionaire?
1. you just won $1 million dollars in the lottery! they offer...
Business, 30.07.2019 01:10 GodlyGamer8239
Who wants to be a millionaire?
1. you just won $1 million dollars in the lottery! they offer you two options for your winnings a kimp sum payment right now, or $100.000 a year over the next 10 years.
current 10-year interest rates are at 5%, and the current tax on lottery winnings is 40%
• what is the amount you will receive today with the lump sum option?
. which option would you select? how would you present your argument for your decision in a debate?
Answers: 3
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