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Mrs. Jacqueline Nash just won a 'Name That Tune' contest with a grand prize of $250,000. However, instead of giving her the $250,000, the contest
Mrs. Jacqueline Nash just won a 'Name That Tune' contest with a grand prize of $250,000. However, instead of giving her the $250,000, the contest organizers stipulate that the winner will receive $100,000 immediately, and $15,000 at the end of each of the next 10 years. Assuming that she can earn 5% on his money, how much has she actually won? answer is not $215,826.02 pls!!!
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