Author Question: Assume the current interest rate is 25%. The present value of $1,000 in one year would be (Read 79 times)

awywial · **on:** Apr 19, 2019

Question 1

You win a lottery that pays $10,000 each year for the next 5 years beginning next year. How much are your winnings worth today?

◦ $50,000
◦ $45,455
◦ $10,000
◦ indeterminate with the given information

Question 2

Assume the current interest rate is 25%. The present value of $1,000 in one year would be

◦ $180.
◦ $450.
◦ $750.
◦ $800.

AaaA · **Reply #1 on:** Apr 19, 2019

A FREE account is required to view all solutions!

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 25% of students answer this correctly

awywial · **Reply #2 on:** Apr 19, 2019

Thank you!

AaaA · **Reply #3 on:** Apr 19, 2019

Always glad to help...