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Business, 26.11.2019 23:31 Ericapab

On january 1, you win $50,000,000 in the state lottery. the $50,000,000 prize will be paid in equal installments of $6,250,000 over eight years. the payments will be made on december 31 of each year, beginning on december 31 of this year. if the current interest rate is 12%, determine the present value of your winnings. use the present value

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On january 1, you win $50,000,000 in the state lottery. the $50,000,000 prize will be paid in equal...

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