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Author Question: You have just won the Reader's Digest lottery of 5,000 per year for twenty years, with the first ... (Read 39 times)

arivle123

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on: Jul 10, 2018
You have just won the Reader's Digest lottery of 5,000 per year for twenty years, with the first payment today followed by nineteen more start-of-the-year cash flows. At an interest rate of 5, what is the present value of your winnings?
 
  A) 100,000.00
  B) 65,426.60
  C) 62,311.05
  D) 47,641.18

Question 2

The annual cash budget not only shows the amount of financing needed for the year, but also when
  the funds will be needed.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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elyse44

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Reply #1 on: Jul 10, 2018
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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arivle123

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Reply 2 on: Jul 10, 2018
Great answer, keep it coming :)

dawsa925

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

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