Sunday
March 29, 2015

Homework Help: Accounting Math

Posted by Sparkle101 on Wednesday, April 14, 2010 at 7:31am.

Please how do i calculate this problem.

Your girlfriend just won the Power Ball lottery. She has the choice of $10,000,000 today or a 30-year annuity of $500,000, with the first payment coming today. What rate of return is built into the annuity?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

business math - Your brother just won the Power Ball lottery. He has the choice ...
accounting - Assets Cash (Net Effect) $35,000 20,000 +15,000 A/R 33,000 14,000 +...
Accounting - A company leases a piece of equipment to another company and ...
Finance - Sarah just won a $3,000,000.00 lottery. According to the lottery they ...
healthcare fiancare - HINT: 6% X $1,000,000 {20% X ($1,000,000 (6% X $1,000,...
mathematics - the theoretical probability of winning the lottery is 1/1,000,000,...
math - find the present value of ordinary annuity payments of 890 each year for ...
accrual basis accounting vs. cash accounting basis - Can someone please check my...
Accounting - Ferguson Company was started in 2008 when it acquired $60,000 from ...
Math - Please help check my answers to make sure they are correct. I used the "...

Members