An Annuity Contract Will Pay You $4,000 a Year (End

Multiple Choice

An annuity contract will pay you $4,000 a year (end of year) for the next three years.Or,you can choose to receive $12,610 at the end of the third.Assuming that you can earn 8% on investments,you should

A) choose to receive the $4,000 annuity payments.
B) choose to receive the $12,610 payment.
C) flip a coin to make the choice;each is equally attractive.
D) flip a coin to make the choice;each is equally unattractive.