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Author Question: A major corporation hires high school students on a part-time basis. It offers a reward of 5,000 to ... (Read 89 times)

student77

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on: Jul 1, 2018
A major corporation hires high school students on a part-time basis. It offers a reward of 5,000 to any of its high school seniors who graduate college in four years. What is the present value of that reward to a student who just finished her junior year of high school, assuming a nominal rate of interest of 8?
 
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Question 2

A state lottery has a Million Dollar Lottery game that pays 1,000 a week for life. Assuming a 6 nominal rate of interest and generously assuming an infinite lifetime, can this game be called a Million Dollar Lottery?
 
  What will be an ideal response?
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millet

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Reply #1 on: Jul 1, 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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student77

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Reply #2 on: Jul 1, 2018
Thank you :)


millet

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Reply #3 on: Jul 1, 2018
Happy to help you


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