Business, 28.12.2019 02:31 julian73

Prizes are often not "worth" as much as claimed. place a value on a prize of $5,000,000 that is to be received in equal annual payments over the next 20 years, with the first payment beginning today. assume an interest rate of 7 percent over the 20-year period. a) $2,212,652b) $2,648,504c) $2,833,899d) $2,950,567a

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Prizes are often not "worth" as much as claimed. place a value on a prize of $5,000,000 that is to b...