Question 1010667
1000 invested today in both plans so that can be effectively ignored because it will cancel out in a plan 1 versus plan 2 comparison.


plan 1 give you 22000 at the end of the 15th year.
at 10% discount rate, the present value is 5266 truncated to the nearest integer.


plan 2 gives you 4000 at the end of the 10th year and 4000 at the end of the 15th year.
at 10% discount rate, the present value is 2499 truncated to the nearest integer.


they're not even close.
the 22000 at the end of the 15th year is a clear winner.