Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. fast fast fast suppose you won a lottery 600000

fast fast fast Suppose you won a lottery 600000 interest of 0.1...

80.2K

Verified Solution

Question

Finance

fast fast fast image
Suppose you won a lottery 600000 interest of 0.1 percent, they offered you many choices the first one is to take the 600000 immediately 2nd choice to take 100000 forever 3rd choice to take 90000 for 18 years beginning now. 4th choice is to accept 3200000 at the end of the 24 years 5th choice if you put 600000 in a saving account how much you will have after 25 years interest is compound quarterly what is the value of the money from choice number 2? what is the value of the money from choice number 3? what is the value of the money from choice number 4? what is the value of the money from choice number 5

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

In a poll of 555 human resource professionals, 40.0% said that body peircings and tattoos were big...

Medical Sciences
1.2K views

What is the split gal4 system? Why is it needed to label some cell types? Describe...

Advance Math
1.2K views

Monica bought a $2000 4K Ultra HD TV for 10% down, with the balance to be...

Physics
1.2K views

Q9 Two syringes of different cross sections without needles filled with water are connected with...

Calculus
1.2K views

In Silicon Valley a number of computer firms were found to be contaminating underground water...

Accounting
1.2K views

Question 6 Which of the following is not a separate management function? O Planning O...

Accounting
1.2K views

mm Exercise 17-04 your answer is partially correct. Try again. Gutierre Company reported net income...

Accounting
1.2K views

Question 4 (1 point) The following change in wealth is taxable: Winning the lottery Selling...

Accounting
1.2K views

A trucking company sold its fleet of trucks for $56,700. The trucks originally cost $1,491,000...

Accounting
1.2K views

Using the following information for the Quick Studies below. The following are the transactions of...

Accounting
1.2K views

Exercise 12-2 Dropping or Retaining a Segment [LO12-2] The Regal Cycle Company manufactures three types...

Accounting
1.2K views

please help me with the blank space and provide the formula. Thank you so much!!!...