Alocal government is about to run a lottery but does not want to be involved in the payoff if a winner picks an annuity payoff. the government contracts with a trust to pay the lump-sum payout to the trust and have the trust (probably a local bank) pay the annual payments. the first winner of the lottery chooses the annuity and will receive $150,000 a year for the next 25 years. the local government will give the trust $2,000,000 to pay for this annuity. what investment rate must the trust earn to break even on this arrangement?

What two elements normally must exist before a person can be held liable for a crime

What is ur favorite song and by who i know dis is a random question

What is the relationship between the national response framework and the national incident management system (nims)? a. the national response framework replaces the nims, which is now obsolete. b. the response protocols and structures described in the national response framework align with the nims, and all nims components support response. c. the nims relates to local, state, and territorial operations, whereas the nrf relates strictly to federal operations. d. the nims and the national response framework cover different aspects of incident management—the nims is focused on tactical planning, and the national response framework is focused on coordination.