This topic contains a solution. Click here to go to the answer

Author Question: Your grandfather has left you $150,000 in a trust fund that you cannot have for another seven years. ... (Read 18 times)

jessicacav

  • Hero Member
  • *****
  • Posts: 558
Your grandfather has left you $150,000 in a trust fund that you cannot have for another seven years. You have decided that you really need this money now to pay for your college expenses. Your attorney offers you $80,000 for an assignment of the proceeds of the trust. If you can get a student loan at 10%, should you accept your attorney's offer?
◦ No, because the $150,000 is worth more than $80,000 today.
◦ No, because the $150,000 is worth less than $80,000 today.
◦ Yes, because the $150,000 is worth more than $80,000 today.
◦ Yes, because the $150,000 is worth less than $80,000 today.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jessicacav on Apr 25, 2021

sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
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




jessicacav

  • Member
  • Posts: 558
Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


jomama

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

For a complete list of videos, visit our video library