# Answer on Algebra Question for SANTOSH

Question #39695

You have won the Karnataka state lottery. Lottery officials offer you the choice of the following alternatives payouts:

Alternative 1: Rs. 10 million one year from now Alternative 2 Rs. 20 million five years from now Which alternative should you choose if the discount rate is

a. 0 percent

b. 10 percent

c. 20 percent

Alternative 1: Rs. 10 million one year from now Alternative 2 Rs. 20 million five years from now Which alternative should you choose if the discount rate is

a. 0 percent

b. 10 percent

c. 20 percent

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