Question
Your scratch-off was a winner, and the state offered you $1,000 per year for the next 12 years at 2% interest. What is the value
Your scratch-off was a winner, and the state offered you $1,000 per year for the next 12 years at 2% interest. What is the value of your prize?
Group of answer choices
$11,500
$10,575
$12,000
$12,250
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
