Alpha Geek

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Teaching Since: Apr 2017
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  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

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    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Business & Finance Posted 02 Aug 2017 My Price 5.00

you win a lottery with a prize of $1.5 million

you win a lottery with a prize of $1.5 million. Unfortunately the prize is paid in 10 equal annual installments. The first payment is next year. How much is the prize really worth? The discount rate iS 8%

Answers

Alpha Geek
(8)
Status NEW Posted 02 Aug 2017 03:08 PM My Price 5.00

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