ANSWERS: 23
-
The one million dollars probably...
-
The million dollars. I would waste the $200, 000 if I got it all right now.
-
I would choose the $200,000. I may not be around in ten years - who knows!
-
Better to have 100,000 a year for 10 years. Five times better in my book. That way you can make a few mistakes and still have some great income.
-
G'day Katie, Thanks for your question. I would choose the million dollars over ten years. The only exception would be if I lived in a country such as Zimbabwe with very high inflation where $200,000 now would be worth much more than a million over ten years. Regards
-
I would take the million and if I weren't around to enjoy it my family would.
-
The fist option would be worth more, so that's what I would take.
-
Gifted huh, well 1 million over 10 years would be awesome as long as I was still there to use it. So, where is my check???? Or will it be cash??
-
I would definitely take the $100,000 every year for the next 10 years! Let me know if you need my address:P
-
200,000 right now...because I need it and because I don't know if I will be alive in 10 yrs.
-
I would take 1 million over the next ten years because right now I can't even figure out what to do with my 100 bucks.:)
-
200,000 now because I'd pay off my bills, bank the rest & live on the interest. A million dollars is way too much money for me to want. I live very modestly & I love my 900 sq ft home
-
Assuming I can gift it to my family if I die, then i take the million. If the checks stop when I die, i take the 200,000.
-
I would take the $1 million over the next 10 years, because it is a much better deal in the long run.
-
What guarantee would you provide that what you promise will occur? If I take the $200K right now, that's the end of it. If I trust you and you are not telling the truth or something happens to you and the person whom you entrust to carry on for you is a thief, then I would only get $100K right now..you see my problem? :)
-
The million, you come out ahead and would be covered if you blew the first year's worth ;)
-
I'd have the million pounds over ten years. I'm young enough that I'd have most of my life to enjoy it once I recieved it all. (When I say most, I means lots - I'm not THAT young).
-
$1 million over 10 years - I don't need a large sum right now.
-
I'll take the million please.
-
I'd take 100k a year. Makes for a far better deal if I survive You'd need remarkably good rates of return to build 200k to a million over 10 years
-
I'd take the million over a span of 10 years!
-
You have to go with the 1 million over 10 years. If you have $200k now and put it in the bank, you would need an interest rate of about 18% to turn it into $1m over the next 10 years. With current interest rates near zero, getting 18% is going to be pretty difficult. Unless there was a threat of not gettting the $1m at all, the business decision is to take the $1m over 10 years. Short term pain for long term gain.
-
Since I'm not greedy, I'd take the $200,000 thousand dollars instantly.
Copyright 2023, Wired Ivy, LLC