Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at...

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Suppose a state lottery prize is to be paid in 25 payments of $120,000 each at the end of each of the next 25 years. If money

17580,000 is invested in an annuity that came 5.5. Compounded quarterly what payments will it provide at the end of each quar

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Answer 1

Answer #1

amoont = 12000 2) Given Years = 25 Worth - 8t anually. Amaust Value be a OCX 25x87 = 120000 2 OCX 28x8 = 120000 loco de 60,00

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Answer 2

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