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 37 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
Excellent

LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Parts of flower Parts of flower
Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011 Top Ten States Ranked by Rate or Reported Bacterial STI Cases in 2011
How to integrate by parts (Part 1) How to integrate by parts (Part 1)
Income per Capita versus Total Fertility Rate Income per Capita versus Total Fertility Rate
Cell parts and their functions Cell parts and their functions
Calculating Growth Rate of Bacteria Calculating Growth Rate of Bacteria
Video: Methods that regulate pH

For a complete list of videos, visit our video library