Business, 04.04.2020 11:36 mucciak3634

The Mega Millions claims its grand prize is $500 million, payable over 5 years at $100,000,000 per year. If the first payment is made immediately, what is this grand prize really worth today? Use an interest rate of 4%.

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The Mega Millions claims its grand prize is $500 million, payable over 5 years at $100,000,000 per y...