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6. You just won the lottery! As your prize you will receive $1,200 a month starting in one month for 96 months (8 y...
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?
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 $2,000 a month for 10 years if you can earn 7% on your money what is this prize worth to you today
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
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 $1,000 a month for 15 years. If you can earn 7 percent on your money, what is this prize worth to you today? $14,322.55 $86,126.35 $111,255.95 $85,333.33 $14,285.16
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 $2,000 a month for ten years. If you can eam 11 percent APR on your money. what is this prize worth to you today? O A $11,778.46
14. You just won first place in a CUNY essay writing contest, and as your prize,...
14. You just won first place in a CUNY essay writing contest, and as your prize, you will receive $400 a month each month for the next 7 years (NOT $4,800 per year but rather $400 per month). If you can earn 8.25% per year on your money, what is the total prize worth to you today?
You have just won a lottery prize of $1 000 000 collectible in 10 yearly installments...
You have just won a lottery prize of $1 000 000 collectible in 10 yearly installments of $ 100 000 starting today. Why is this prize not really $ 1 000 000 ? What is it really worth today if money can be invested at 10 percent annual interest, compounded monthly?
Assume that you have just won $5,000,000 in the lottery and will receive $250,000 per year...
Assume that you have just won $5,000,000 in the lottery and will receive $250,000 per year for the next 20 years. How much is your prize worth today if the interest rate is 8%? Select one: a. $1,072,731 b. $2,454,525 c. $2,185,219 d. $1,165,250
You just won the lottery! You can elect to receive your prize in one of four...
You just won the lottery! You can elect to receive your prize in one of four ways: a) $1,000,000 now b) $1,400,000 at the end of five years e) $75,000 per year in perpetuity, with payments made at the end of each year (so your first payment comes one year from today) d) $150,000 per year for the next ten years, with payments made at the end of each year (so your first payment comes one year from today) Suppose...
You just won the $66 million lottery. You will receive $2.3 million a year for the...
You just won the $66 million lottery. You will receive $2.3 million a year for the next 25 years plus an additional payment of $8.5 million at the end of 25 years. The interest rate is 11 percent. How much is your lottery prize worth today?
You just won the grand prize in a national writing contest As your prize, you will receive $2,000 a month for ten years. If you can eam 11 percent APR on your money. what is this prize worth to you today? O A $11,778.46
You just won the lottery! You can elect to receive your prize in one of four ways: a) $1,000,000 now b) $1,400,000 at the end of five years e) $75,000 per year in perpetuity, with payments made at the end of each year (so your first payment comes one year from today) d) $150,000 per year for the next ten years, with payments made at the end of each year (so your first payment comes one year from today) Suppose...
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