Wednesday
April 16, 2014

Homework Help: math

Posted by Vanessa on Friday, December 16, 2011 at 5:05pm.

If you won $2,5 million in a lottery. You can receive $1.3million now or $100,000 at the end of each of the next 25 years, You can earn 5% annually on the investments . Which is the better option?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Statisics - The state lottery claims that its grand prize is $1 million. The ...
Statisics - The state lottery claims that its grand prize is $1 million. The ...
Statistics - The state lottery claims that its grand prize is $1 million. The ...
Finance - Suppose the chances of winning the lottery are 1 in 14 million with ...
math - A lottery game advertises a jackpot of $41 million. The chances of a ...
stu - An individual with utility function U(X) = X2 bought Lottery A and Lottery...
Business Finance - Rita won $60 million lottery. She is to receive $1 million a ...
mathematics - the theoretical probability of winning the lottery is 1/1,000,000,...
tax accounting - bruce wilson won 2 million in the state lottery. the lottery ...
ECON 405 - 10. As of this morning, the New Mexico Lottery power ball jackpot was...

Search
Members