Which choice seems more alluring

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At the season of his retirement Rahul is given a decision between two choices: (a) a yearly annuity of Rs120,000 the length of he lives, and (b) an irregularity entirety measure of  Rs.1,000,000. On the off chance that Rahul hopes to live for a long time and the interest rate is normal  to be 10 percent all through , which choice seems more alluring.

Reference no: EM13904502

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