Lucky lou has just won the lottery and will receive an annual payment of $100,000 every year for the next 20 years. if the annual interest rate is 8%, what is the present value of the winnings?

What cylinder head operation is the technician performing in this figure?

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Laws corporation is considering the purchase of a machine costing $16,000. estimated cash savings from using the new machine are $4,120 per year. the machine will have no salvage value at the end of its useful life of six years and the required rate of return for laws corporation is 12%. the machine's internal rate of return is closest to (ignore income taxes) (a) 12% (b) 14% (c) 16% (d) 18%