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Author Question: You won the lottery and have a number of choices as to how to take the money. Which choice yields a ... (Read 101 times)

asmith134

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on: Jan 5, 2020
You won the lottery and have a number of choices as to how to take the money. Which choice yields a greater present value?
◦ $12,000 a year at the end of each of the next 6 years using a 6% discount rate
◦ $92,000 (lump sum) 7 years from now using an 8% discount rate
◦ $84,000 (lump sum) 7 years from now using a 6% discount rate
◦ $53,500 (lump sum) now using a 6% discount rate
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
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Marked as best answer by asmith134 on Jan 5, 2020

tofugiraffe

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Reply #1 on: Jan 5, 2020
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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asmith134

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Reply 2 on: Jan 5, 2020
:D TYSM

sailorcrescent

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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