Which of the investments do you prefer

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Reference no: EM133496458

Question: You are slowly working your way to retirement. You are considering two investment opportunities. The first you would earn 16% per year with quarterly compounding. The second investment, you would invest $10,000 today and then receive $1,600 per year for the next 50 years starting a year from today as well as an extra $1,000,000 payout at the end. Which of the investments do you prefer?

Reference no: EM133496458

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