Lump-Amount Vs Lump Sum Essay
Cash today is typically worth more than cash tomorrow. This is the reason the lottery's lump sum amount installments are not the same as the money that you'd get in installments over the years. One approach to consider the contrast between the two is to take a look at the lump sum amount as your real winnings. When you do that, the inquiry gets to be regardless of whether you can invest that lump sum amount in a way that gets you more cash more than 30 years than the annuity choice. If that is the case, you'll be better off taking the lump