I'd go with the 17 mil as well, just find a descent investment organizer...hell if my Dad's can get him 14% in times like this I'd be happy with $1.2 Mil a year for doing nothing (and yes that's after taxes, lol)
I would take the million a year. I wouldnt be able to give up all that extra cash if i took the $17 mill knowing i could just be really patient and get $25 mill.
one mil a year is still a lot though so id be happy:)
Assuming an annual rate of return of 5%, $1,000,000 per year for 25 years is worth $14,093,945. The up-front cash of $17M is definitely the better option.
Comments
Would you take the $17mil or 1mil a year for 25yrs?
I think I go with 17.
ATM_GP
60 bucks. I bought 200 worth of tix
one mil a year is still a lot though so id be happy:)
Ya i'm gonna get some tickets
Assuming an annual rate of return of 5%, $1,000,000 per year for 25 years is worth $14,093,945. The up-front cash of $17M is definitely the better option.