Which alternative should you choose you should wait until, Financial Management

Which alternative should you choose you should wait until

You are thinking of retiring. Your retirement plan will pay you either $200,000 immediately on retirement or $280,000 five years after the date of your retirement. Which alternative should you choose if the interest rateis: a. 0% per year? b. 8% per year? c. 20% per year? a. If the interest rate is 0% per year, which alternative should you choose? You should = Wait until five years after rearmament OR take the money now? (Select from the drop-down menu.)

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