This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: You win the lottery and must decide how to take the payout. Use an 8% discount rate for all parts of ... (Read 44 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jan 5, 2020
You win the lottery and must decide how to take the payout.  Use an 8% discount rate for all parts of this question.

Required:
1.  What is the present value of $10,000 a year received at the end of each of the next six years?
2.  What is the present value of taking a $50,000 lump sum now?
3.  What is the present value of a $85,000 lump sum taken in 7 years?
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by karlynnae on Jan 5, 2020

SomethingSomething

  • Sr. Member
  • ****
  • Posts: 323
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.
Answer Preview
Only 55% of students answer this correctly


karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jan 5, 2020
Great answer, keep it coming :)

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Parts of a muscle Parts of a muscle
Changes in the abundance and egg-hatching success rate of prairie chickens. Changes in the abundance and egg-hatching success rate of prairie chickens.
Parts of the Hand Used in Palpation; Dorsal Surface Parts of the Hand Used in Palpation; Dorsal Surface
THE RATE OF PHOTOSYNTHESIS THE RATE OF PHOTOSYNTHESIS
Summary of Functions of Principal Parts of the Brain Summary of Functions of Principal Parts of the Brain
The eukaryotic cell cycle consists of two parts: (1) interphase and (2) mitosis followed by cytokine The eukaryotic cell cycle consists of two parts: (1) interphase and (2) mitosis followed by cytokine
Video: Transcription—A molecular view

For a complete list of videos, visit our video library