Question
16.) You won the lottery!, You are going to get paid 20 annual payments, starting today that add up to $25,000,000. Using a 4.0% discount
16.) You won the lottery!, You are going to get paid 20 annual payments, starting today that add up to $25,000,000. Using a 4.0% discount rate how much did you really win? (Ignore taxes)
| A. | $14,798,641.79 | |
| B. | $25,000,000 | |
| C. | $17,667,424.25 | |
| D. | $16,987,907.93 |
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International Business Competing In The Global Marketplace
Authors: Charles Hill
14th Edition
1260387542, 9781260387544
