Describe some time when you had to purchase some major items and had two or more alternatives. How did you evaluate the cost-vs benefits of each of the alternatives? Ultimately, how did you determine which alternative to purchasing? Looking back on that purchase, do you regret your decision or believe that some other choice would have been better.
Assignments: (100 points) 1. Calculating Present Value (5 points)– You have just received not
Assignments: (100 points) 1. Calculating Present Value (5 points)– You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you are around to collect), 80 years from now. What is the present value




