6 ms·
Lump sum is probably the right call but it’s kind of false advertising to call it 1.3b but that’s not actually the net present value
by rdtwo 4y ago
Lump sum is probably the right call but it’s kind of false advertising to call it 1.3b but that’s not actually the net present value
- blinded 4y agoAgreed, still free money
- gamblor956 4y agoNo, it's appropriate to call it 1.3 billion since that is the amount she would have gotten paid if she had elected to receive it installments.
- cbm-vic-20 4y agoThe installments would have been subject to tax, too.
- rdtwo 4y agook say I owe you 100$ I’ll pay you 100$ and I’ll pay you in installments for 100 years. That’s actually way less than 100 in value that I’ll pay you.