At the season of his retirement rahul is given a decision, Finance Basics

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At the season of his retirement rahul is given a decision

At the season of his retirement Rahul is given a decision between two choices: (a) a yearly annuity of Rs120,000 the length of he lives, and (b) an irregularity entirety measure of Rs.1,000,000. On the off chance that Rahul hopes to live for a long time and the interest rate is normal to be 10 percent all through , which choice seems more alluring.

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Finance Basics: At the season of his retirement rahul is given a decision

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