Business, 03.12.2021 16:50 BilliePaul95
Assume you win a $1,000,000 contest, and the prize will be paid in equal 10 equal installments over 10 years. The payments will be made on June 30 of each year beginning with June 30 this year. If the current rate of interest is 7 percent, what is the present value of your winnings
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Assume you win a $1,000,000 contest, and the prize will be paid in equal 10 equal installments over...
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