Do you have a video on the common question of earning the lottery? Eg. Taking the lump sum now or taking equal payments for X number of years. I have use present value to compare but could future value be used too, or is present value calculation a better option?
I don’t have a separate video on that, but the principles of this one can be used. Future value can be used too, but using PV would be the easier option.
Thanks for the video, much clearer than my prof online class
Thank you very much for explaining it. Could you please recommend any finance book easy to understand for a beginner at bachelor level.
Sure. I’d recommend Essentials of corporate Finance by Ross, Westeefield and Jordan. There’s a book by Titman as well, but I don’t like it as much.
Thank you so much for the video.
Do you have a video on the common question of earning the lottery? Eg. Taking the lump sum now or taking equal payments for X number of years. I have use present value to compare but could future value be used too, or is present value calculation a better option?
I don’t have a separate video on that, but the principles of this one can be used. Future value can be used too, but using PV would be the easier option.
@@professorikram I appreciate your help, thank you so much! I understand the topic better now