Darius Rucker is leaving Theta Tech after several years. During his time at Theta he accumulated...

Darius Rucker is leaving Theta Tech after several years. During his time at Theta he accumulated a deferred payroll benefit. He must choose between a lump-sum distribution or annual payments over the next 10 years, with his first payment deposited today. He believes he can invest any sum received at 4.25% for the next ten years. The annual payments are $15,000 and the lump-sum distribution is $120,000. To the nearest dollar, the more valuable choice is:

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jeff jeffy answered 1 year ago

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