[Solution] You walk into Wegmans early Sunday morning, pondering how interest rates got to be 15%, and you find that you are the one millionth customer!


Question: You walk into Wegmans early Sunday morning, pondering how interest rates got to be 15%, and you find that you are the one millionth customer! The fanfare begins with confetti and photos as you receive your prize choices. Which should you choose?

  1. $100,000 now
  2. $170,000 at the end of five years
  3. $12,000 a year forever, starting next year
  4. $20,000 per year for the next 10 years, starting next year
  5. $6,500 next year and increasing 5% a year thereafter and forever

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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