Julie r. won a lottery. she will have a choice of receiving $25,000 at the end of each year for the next 30 years, or a lump-sum payment of $200,500 today. if she can earn a return of 10 percent on any investment she makes, should she choose the cash (lump-sum) option or the annual payment option?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Julie r. won a lottery. she will have a choice of receiving $25,000 at the end of each year for the next 30 years, or a lump-sum payment of ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Margaret uses 1 3/4 teaspoons of vanilla to make 12 cupcakes. She to wants make 30 cupcakes. how much vanilla will Margaret use?
Answers (1)
Simplify - 3 (3x+2) + (4x+2y-10)
Answers (1)
A small plane went 100 miles in 4 hours. What was its average rate in miles per hour? (Hint: In the lesson, you saw that speed is a ratio of distance/time.) A 4 mph B 25 mph C 400 mph D Cannot be determined
Answers (1)
F (x) = 3x^3 + 24x^2 - 9x - 72 factored by grouping
Answers (1)
Factor completely 2x2 + 2x - 12. 2 (x - 3) (x + 4) 2 (x - 2) (x + 3) (2x - 4) (x + 3) (2x - 3) (x + 4)
Answers (1)
New Questions in Mathematics
In a basket, there are six apples, seven bananas, three pineapples, and nine pomegranates. Janice randomly draws a fruit from the basket and then puts it back in.
Answers (2)
If m^2 + n^2 = 18 and mn=7, what is (m-n) ^2
Answers (2)
Add - 6.5b+11 and 3.3b-2
Answers (1)
Order fromleadt to greatests 2.07,2 7/10, 2.67, - 2.67
Answers (1)
Kailey wants to buy 4 pencils and 3 notebooks. witch expression shows how to find the total cost of 4 pencils and 3 notebooks. a. 3 ($0.50) + 4 ($2.25) b. 4 ($0.50) - 3 ($2.25) c. 4 ($0.50) + 3 ($2.25) d. 4 ($0.50) X 3 ($2.25)
Answers (1)