Question
Carol Jenkins, a lottery winner, will receive the following payments over the next seven years. If she can invest her cash flows in a fund
Carol Jenkins, a lottery winner, will receive the following payments over the next seven years. If she can invest her cash flows in a fund that will earn 11.9 percent annually, what is the present value of her winnings
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| $427,542 | $287,840 | $597,757 | $261,658 | $461,456 | $590,897 | $362,044
|
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Extinction Governance Finance And Accounting
Authors: Jill Atkins, Martina Macpherson
1st Edition
0367492989, 978-0367492984
