Business, 13.02.2020 22:03, ianmorales4894

Shelley wants to cash in her winning lottery ticket. She can either receive ten, $100,000 semiannual payments starting today, or she can receive a lump-sum payment now based on a 6% annual interest rate. What is the equivalent lump-sum payment?

Select one:

a. $878,611

b. $744,090

c. $853,020

d. $801,969

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:00, grangian06

Personal financial planning is the process of creating and achieving financial goals? true or false

Answers: 1

continue

Business, 22.06.2019 07:20, amcdonald009

Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

Answers: 1

continue

Business, 22.06.2019 11:40, thedarcieisabelleand

Select the correct answer. which is a benefit of planning for your future career? a. being less prepared after high school. b. having higher tuition in college. c. earning college credits in high school. d. ruining your chances of having a successful career.

Answers: 2

continue

Business, 22.06.2019 13:30, bobbycisar1205

Hundreds of a bank's customers have called the customer service call center to complain that they are receiving text messages on their phone telling them to access a website and enter personal information to resolve an issue with their account. what action should the bank take?

Answers: 2

continue

Do you know the correct answer?

Shelley wants to cash in her winning lottery ticket. She can either receive ten, $100,000 semiannual...