You just won the grand prize in a national writing contest! As your prize, you will...

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You just won the grand prize in a national writing contest! As your prize, you will...

You just won the grand prize in a national writing contest! As your prize, you will receive $500 a month for 50 months. If you can earn 7 percent on your money, what is this prize worth to you today?

Multiple Choice

$21,629.93
$18,411.06
$21,338.40
$20,333.33
$19,450.25

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Answer 1

Answer #1

Answer - $21629.93

voluCl ㄚ 12 / 0.0 100583333333) 000583333333 0 1 1:3315228 2A-84 0058 33333 .005833333 kfA= $500 X О, 252 34990805 00 583333333 VA500 X 43.2518642618 16299

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Answer 2

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