You are asked to select one of the following prizes:
Hi there I am having trouble understanding this question and how to do it. I am having trouble understanding what the forever means and what kind of unit or exponent would be used in that situation would it be 365? to figure out this question thank you for the help.
- A one time payment of $100,000 today,
- Payments of $7656 at the start of each year for 25 years,
- Daily payments of $17 forever beginning tomorrow.
Hi there I am having trouble understanding this question and how to do it. I am having trouble understanding what the forever means and what kind of unit or exponent would be used in that situation would it be 365? to figure out this question thank you for the help.