Solution-Accept monthly amounts, You have been offered a

Accept monthly amounts

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You have been offered a two-year salary deal. You can either accept $2,000,000 now or accept monthly amounts of $100,000 payable at the end of each month. If money can be invested at 5.7% compounded quarterly, evaluate each option and determine which is better for you and by how much?

Reference no: EM131160437

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Accept monthly amounts : You have been offered a two-year salary deal. You can either accept $2,000,000 now or accept monthly amounts of $100,000 payable at the end of each month. If money can be invested at 5.7% compounded quarterly, evaluate each option and determine wh..

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Accept monthly amounts

Reference no: EM131160437

Reference no: EM131160437

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