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By (user no longer on site)
over a year ago
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"If you won would you take the ITV £1000000 or settle for 10K a month for ten years?"
Well over 10 years it would be 1.2m so a bit more. But you'd still have to pay interest on a mortgage probably.
I'd take the money up front, pay the mortgage and some other stuff and invest some of it to stretch it out. Xx |
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Take the million £
Should be able to get at least 5% return on investment which would be £50000 a year, so after 10 years that £1m becomes more than £1.5m (I can't be bother to work out the compounding). |
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