divaughn2655 divaughn2655
  • 25-09-2017
  • Mathematics
contestada

You have just won the lottery and will receive $1,000,000 in one year. you will receive payments for 30 years, and the payments will increase 3 percent per year. if the appropriate discount rate is 7 percent, what is the present value of your winnings?

Respuesta :

BrandinD1515 BrandinD1515
  • 27-09-2017
The answer is 30,900,000
Answer Link

Otras preguntas

what is 30% discount of £9.50
which would be good historical evidence when studying manifest destiny
Why might Berlin be a likely spot for trouble to develop during the Cold War?
when you divide me by 5 and get a remainder 4. I have two digits. both odd. the sum of my digits 10
when you divide me by 5 and get a remainder 4. I have two digits. both odd. the sum of my digits 10
A scientist was studying a population of fish in a pond over a period of 10 years. He observed that the population increased each year for 3 years, an
The Calvin cycle and the Krebs cycle are referred to as cycles of chemical reactions because they
write in decimal notation 35 233/1000
What factors do you think a country’s leaders consider when deciding whether to surrender or fight?
Which of the causes for the fall of the Maya do you think was most important? Explain.