**Congratulations**!

Imagine you have won **first prize** in a competition!

There are **four different prizes** to choose from. Use your computer to help you decide which is the best!

Prize A | Prize B | |

£1,000 in the first year, £2,000 in the second year, £3,000 in the third year, £4,000 in the fourth year, £5,000 in the fifth year and so on for 25 years. | 1p in the first year, 2p in the second year, 4p in the third year, 8p in the fourth year, 16p in the fifth year and so on for 25 years. | |

Prize C | Prize D | |

£10,000 each year for 25 years. | £250 in the first year then plus 25% each year. |

**Tasks**:

- Which prize do you think will pay the most after 25 years?
- Use a
**Spreadsheet**to**calculate**the amount you will receive each year for each prize. [You will need to use**formulas**!] - Which prize pays the most after 25 years?
- If each prize only lasted
**10 years**- which would be the best?

**Ingredients**:

__Example Layout__- Excel

**Assessment**:

- Multiple choice test

10 Questions :: <15 Mins

**Time**:

- 1 Lesson