Question
The Indiana Lottery will pay a lottery winner a lump sum payment of $36,824,830 as of the final payment of her winnings in four years.
The Indiana Lottery will pay a lottery winner a lump sum payment of $36,824,830 as of the final payment of her winnings in four years. If the appropriate discount rate for the payment is 4.9% what is the present value of the payment?
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Cryptocurrency Trading Guide For Beginners
Authors: Miquel Vidal ,Joan Garcia Guerrero
1st Edition
979-8705488575
