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Jonas won a lottery that will pay him 125,000 at the end of each of the next twenty years. Zebra Finance has offered to purchase
Jonas won a lottery that will pay him 125,000 at the end of each of the next twenty years. Zebra Finance has offered to purchase the payment stream for 1,297,460. What interest rate (to the nearest percent) was used to determine the amount of the payment? (e.g., x%) Windows Majors Corporation had income from continuing operations of 1,800,000 in 2019. During 2019 it disposed of its repair division at a pre-tax loss of 27,000. Prior to disposal, the division operated at a pre-tax loss of 45,000. The tax rate was 30%. What is the net income for 2019? Windows Use the following information (in thousands): Service Revenue 1,600,000 Income from continuing operations 200,000 Net Income 180,000 Income from operations 540,000 Selling & administrative expenses 1,000,000 Income before income tax 400,000 Determine the amount of other income and expense. Hint: If the answer is an expense, put the number between brackets e.g., (xxx) Windows
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