The $36.0 million lottery payment that you have just won actually pays $2.4 million per year for 15 years. the interest rate is 9%.
a. if the first payment comes in 1 year, what is the present value of the winnings? (do not round intermediate calculations. enter your answer in dollars, not millions, rounded to 2 decimal places.)
b. what is the present value if the first payment comes immediately? (do not round intermediate calculations. enter your answer in dollars, not millions, rounded to 2 decimal places.)

At the end of the week, carla receives her paycheck and goes directly to the bank after work to make a deposit into her savings account. the bank keeps the required reserve and then loans out the remaining balance to a qualified borrower named malik as a portion of his small business loan. malik uses the loan to buy a tractor for his construction business and makes small monthly payments to the bank to payback the principal balance plus interest on the loan. the bank profits from a portion of the interest payment received and also passes some of the interest back to carla in the form of an interest payment to her savings account. in this example, the bank is acting

The dollar value generated over decades of customer loyalty to your company is known as brand equity. viability. sustainability. luck.

Issued to the joint planning and execution community (jpec) initiates the development of coas; it also requests that the supported ccdr submit a commander's estimate of the situation with a recommended coa to resolve the situation (joint force command and staff participation in the joint operation planning and execution system, page 10)