What would you rather choose? $100,000 right now, or $100 every day for the next one year?
I would chooose the $100 a day for the next year. $350,000 even after taxes is better than $100K, even if I had to be patient and wait to collect the whole amount.
It depends. If I had a good investment idea, I would like the money now. After all, money value is droping over the years. However, if I was completely happy with my profesional life and I had no intention to invest or buy something I would be more than happy with the 100$ every day. They are going to help me have some fun each and every day.
I would definitely choose $100,000 right now as $100 for a whole year would only come to $36,500 at the end of the year.
But in case you have made a typo and actually meant $10,000 instead of $100,000, then it's the $100 per day for me.
Fun question and I wonder once I choose an answer if I won't change my mind later. I am tempted to say $100 a day - but then the temptation to spend it would keep me from accumulating the money. So knowing me and how I can justify spending money - I would be better off with the $100k right now.
wow - wandererh is right - it would only be 36,500 in a year so definitely $100 k all at once.
Even though this is a leap year so we have 366 days in the year, $36,600.00 is not as much as $100,000.00 not in my books. I'd take the hundred grand tax free of course.
You know, I sound really dumb here, but a typo changed the question altogether. It was meant to be $1000 per day, and not $100 per day.
Don't quite know how to change the question. But I'll ask here again:
Would you rather have $100,000 right now, or $1000 every day for the next one year?
You do not even need to be a mathematician..............
100,000 or 365,000.
1000 a day for the next year.................!
Can't you calculate?
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