Ospitals with lo
26 of 30 (23 complete)
HW Score: 69.6%, 20.88 of 30 pts
nsequently su...
Mathematics, 07.02.2021 23:50 sadfaceemojis8300
Ospitals with lo
26 of 30 (23 complete)
HW Score: 69.6%, 20.88 of 30 pts
nsequently su 8.5.27
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Marcus has won a $1,000,000 state lottery. He can take his prize as either 25 yearly payments of $40,000 or a lump sum of $315,000. Which is the better option?
Assume an interest rate of 12%
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Select the correct choice below and, if necessary, fill in the answer box to complete your choice.
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ficulty sleepin O A. The present value of the lottery winnings is this is better than the lump sum of $315,000
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OB. The present value of the lottery winnings is this is worse than the lump sum of $315,000.
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O C. The present value of the lottery winnings is the same as the lump sum of $315,000
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James is playing his favorite game at the arcade. after playing the game 3 times, he has 8 tokens remaining. he initially had 20 tokens, and the game costs the same number of tokens each time. the number t of tokens james has is a function of g, the number of games he plays. write the function’s formula? t=
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