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QUESTION
Can somebody show me why it is option B?
Can somebody show me why it is option B?
Your grandfather made you an offer as part of your inheritance. Option A ---he will fund your ROTH IRA $6,000 per year for each of the next 10 years beginning today. Option B---$50,000 paid today. If your ROTH IRA can earn 6% per year, which should you choose? Ans= Option B
