jessicalubajl3324 jessicalubajl3324
  • 02-09-2020
  • Business
contestada

A lottery claims its grand prize is $10 million, payable over 5 years at $2,000,000 per year. If the first payment is made immediately, what is this grand prize really worth

Respuesta :

Tundexi
Tundexi Tundexi
  • 02-09-2020

Answer:

The grand prize is really worth $8,930,211.23

Explanation:

The working is as attached.

Ver imagen Tundexi
Answer Link

Otras preguntas

the store was out of the brand that I wanted;____, they offered to send me a lower priced alternative.
tiffany pays $40 for 160 minutes of talk time on her cell phone. Hpw how many minutes of talk time does she get per dollar?
Expanded form for 6.7
6x+(x-2)=180 solve this and explain
The prevalence of Romanesque architecture during the Medieval period is also evident in England.
What is one reason that Thomas Paine thinks the colonies stand a good chance against the British?
In what ways were the Greek gods different from the gods of other ancient peoples?
which of the following document that is a primary source that supports the maintenance of the American control over the Philippines to ensure a stable governmen
how do you do use this website i am new so i need some help
Identify the complete adjective clause. The tree that withstands winter winds is strengthened.