document.write( "Question 651664: Gabrielle just won $2.5 million in the state lottery. She is given the option of receiving a total of $1.3 million now, or she can elect to be paid $100,000 at the end of each of the next 25 years. If Gabrielle can earn 5% annually on her investments, from a strict economic point of view which option should she take? \n" ); document.write( "
Algebra.Com's Answer #407764 by Edwin McCravy(20060)![]() ![]() You can put this solution on YOUR website! If Gabriel is 90 years old, she should take the $1.3 million now. If she is 30, \n" ); document.write( " she should take the $100000 annually, because they will be taxed as long-term income. \n" ); document.write( " |