present value question, Business Economics

Assignment Help:
Lottery Ticket Win! You win the lottery and are promised by the Lottery Commission $12,000 a year for 6 years, starting next year. Assume the interest rate is 9%. What is the present value of this prize?

Related Discussions:- present value question

How could quality culture behaviours be applied in hospital, How could the ...

How could the quality culture behaviours be applied in a hospital? The total quality management approach and culture are extremely readily applied to a hospital. Usually, peopl

What is social cohesion, What is social cohesion? Social cohesion: ...

What is social cohesion? Social cohesion: Social cohesion is regarding how united, cooperative, connected and trustful a society is. This cohesion desires tolerance for c

Economies of scale, theory of economies of scale,dis-economies,intergration...

theory of economies of scale,dis-economies,intergration

Quantitative methods, What is matrix algebra, give some examples and its ty...

What is matrix algebra, give some examples and its types

Economics of Sport, Assume there are two teams in the league: Los Angeles ...

Assume there are two teams in the league: Los Angeles and Sacramento. Because it is a much larger metropolitan area, the revenue generated at any given winning percentage is hi

Defines the stages of e-government development, QUESTION ‘To assist pol...

QUESTION ‘To assist policy makers discern e-Government initiatives in relation to their responsibility vis-à-vis other governmental issues, it is critical that the Governmen

Traditional - modern sectors and rural-urban migration, What are the tradit...

What are the traditional, modern sectors and rural-urban migration? Rural-urban migration: Rural-urban migration is the movement of labour through the countryside to cities

Economics , analyse the method by which a firm can allocate the given adver...

analyse the method by which a firm can allocate the given advertising budget between different media of advertisement

Needs and wants, Nathan is a successful public relations (PR) consultant, t...

Nathan is a successful public relations (PR) consultant, thanks to an outgoing personality and sharp intelligence. At 35, he is near the height of his earnings potential, at around

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd