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A Powerball winner is offered two options: 1 lump sum payment of $ 1 3 5 million, or 3 0 annual payments of $ 8
A Powerball winner is offered two options:
lump sum payment of $ million, or
annual payments of $ million
If the average annual interest rate over the term of the paymeris is what is the Present value of the annual payments? the inearest dollor: Pound its
What is the difference between the lump sum paymemi and the preserit value of the armal payments? nearest dollar. Represent as o positive number. Roumef at the
Round to the nearest dollar.
What is the difference between the lump sum paymert and the presert walle of the acrual paymerts? Alume it ithe nearest dollar. Represent as e positive number.
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