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QUESTION 6 0.5 poir Suppose you win the lottery. The payment is $1,000,000 but you will not get it until 10 years from now. Suppose
QUESTION 6 0.5 poir Suppose you win the lottery. The payment is $1,000,000 but you will not get it until 10 years from now. Suppose the interest rate is 3%. What are your winnings worth today? O A $997,005 OB. $1,343,916 OC. $744,094 OD.5832.010 0.5 points QUESTION 7 QUESTION 7 What interest rate would cause $5,000 to grow to $8,000 in 4 years? O 10.05% O 12.0096 O 13.1596 12.4796 CTION
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