annual interest

[sodak1]

you have some land that is available to lease. You are offered a onetime cash payment of 12000 for the 10 years lease. there is another offer for an ed of year payment of 1400.00 for 10 years. which offer should you take and why? The annual interest rate is 7%

 

[Denis]

you have some land that is available to lease. You are offered a onetime cash payment of 12000 for the 10 years lease. there is another offer for an ed of year payment of 1400.00 for 10 years. which offer should you take and why? The annual interest rate is 7%

Calculate Present Value of the 10 flows of 1400; compare to 12000.