A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immediately, what is this grand prize really worth? Use an interest rate of 6%.

Answers

Answer 1

Answer:

$6,079,058.25

Explanation:

This is a simple present value problem. Using a financial calculator:N  20; PMT  500,000; FV  0; I  6%; Pmts in BEGIN mode.Compute PV : PV  $6,079,058.25


Related Questions

A wire is cut into four pieces of different lengths. Each piece is stretched between two supports to the same tightness. Which of the pieces, shown below, would give the highest pitch if it were plucked in the middle

Answers

Answer:

I feel like the one that is the longest would have the highest pitch would be the longest one...?

Explanation:

which of the following is an example of an interest group?
a the Republican party
b the House of Representatives
c NATO
d the national association for the advancement of colored people (NAACP)​

Answers

Answer:

D

Explanation:

An Example of an interest group is the national association for the advancement of colored people (NAACP). The NAACP is an American civil rights group that seeks to safeguard African-Americans' rights.

What did the NAACP do?

The National Association for the Advancement of Colored People (NAACP) is an interracial American organization that works to end segregation and discrimination in housing, education, employment, voting, and transportation; to combat racism; and to safeguard African Americans' constitutional rights.

For more information about NAACP refer to the link:

https://brainly.com/question/3439900

#SPJ2

More treaties are entered into than executive agreements. True or false?

Answers

False. Treaties are not that common and alliances can be rare sometimes

Answer:

False

Explanation:

Did it on edge 2021

This enlightenment idea of the Declaration of Independence says that these are obvious facts about life that require no proof?

Answers

Answer:

life liberty and the pursuit of happiness

Explanation:

a modified version of an enlightenment motto (coined by John Locke I believe). It was written in the Declaration of Independece by Thomas Jefferson ! :)

the Upper House of Parliament is called​

Answers

Answer:

Senate

Explanation:

ANSWER ALL 10 QUESTIONS PLZ
1.
If someone claims to be a professor or another trained scientist, you should _____.
A. make sure that they really are one
B. trust any information they give you
C. get your evidence from other sources
D. be especially careful of misleading numbers
2. Exit
If you have collected evidence from very small experimental groups, how does that affect the validity of your evidence?
A. Small groups generally make your evidence less valid.
B. Small groups generally make your evidence more valid.
C. Small groups generally have no effect on the validity of your evidence.
3.
Which of these is an example of evidence supporting the theory that an asteroid impact caused the dinosaurs to become extinct?
A. Dinosaur fossils have been found all over Earth.
B. A large crater was found dating to the same time period.
C. Huge lava flows formed in India at the same time period.
D. New kinds of plants and animals lived on Earth after the dinosaurs.
4.
Suppose you were studying the diet of mice. If you decided to change your experiment from studying the effects of corn in the diet of the mice to studying the effects of wheat, how would that affect the validity of the evidence you collect?
A. The evidence would be less valid.
B. The evidence would be more valid.
C. The validity of the evidence would not change.
5.
Suppose an experiment compares two groups that are very different from one another. How does this affect the validity of the evidence collected in that experiment?
A. The evidence would be less valid.
B. The evidence would be more valid.
C. The validity of the evidence would not change.
6.
What does having biased groups mean?
A. The groups are too small.
B. The groups are not similar enough.
C. The evidence does not come from an expert source.
D. The evidence collected from the groups is very reliable.
7.
Exit
A good place to start when evaluating scientific evidence is to _____.
A. redesign the procedure used to collect the evidence
B. make your own hypothesis and do an experiment to test it
C. look at whether the evidence was collected using good scientific principles
D. compare it to evidence from experiments about some other topic in science
8.
Suppose you are trying to build support for your theory about what kind of food an extinct sea creature ate.
Which of the following could be evidence supporting your theory?
A. photos of modern sea creatures
B. charts showing the most popular kinds of seafood
C. fossils showing the contents of the creature's stomach
D. maps showing the edges of Earth's oceans at the time that the creature lived
9.
If groups are biased, then _____.
A. the groups are too small
B. there is no dependent variable in the experiment
C. the controls in the experiment are not good enough
D. there is not an expert source gathering the evidence
10. You should think critically about scientific evidence supporting product claims because _____.
A. there is no comparison group
B. the product has been evaluated by a reliable source
C. the information may be distorted in order to sell more
D. there could be another product that is a better value for the money

Answers

Answer:

A

A

B

A

C

C

B or C (not sure tbh)

C

D

C

make sure to check my answers

Hope this helps!

The main purpose of Jim Crow laws was to

Answers

Answer:

The purpose of Jim Crow Laws was to separate white and black people. Restaurants, hospitals, schools, prisons, and the like were required to have separate facilities for whites and blacks. One famous example of this is the bus segregation laws

Answer:

The purpose of Jim Crow Laws was to separate white and black people. Restaurants, hospitals, schools, prisons, and the like were required to have separate facilities for whites and blacks. One famous example of this is the bus segregation laws.

Explanation:

Which country is most likely to have large oil and natural gas reserves? Why?

Answers

Answer:

china. China is number one on the list for having the most natural resources estimated to be worth a lot of money

Explanation:

Was the mandate system, which was implemented after WWI, effective?
A) No, because the territories became new colonies of the mandate holder.
B) No, because all territories were finally freed from imperial control.
C) Yes, because it freed millions of people for imperial control
D) Yes, because the great European empires retained their status.

Answers

Answer:

The mandate system was a compromise between the Allies' wish to retain the former German and Turkish colonies and their pre-Armistice declaration (November 5, 1918) that annexation of territory was not their aim in the war. ... All Class A mandates had reached full independence by 1949.

Explanation:

What is the flexible connective issue shown in blue? A.Tendon B.bone C. Cartilage D. muscle. if you did the edgenunity test/assesment pls tell me

Answers

Answer:

d muscle

Explanation:

im low rank may i get the brainliest

Can someone help with this question

Answers

Answer:

B but i might be wrong

Explanation:

There is a lot of volcanic activity in Southeast Asia because much of the area lies on
A. Fire Island
B. Pinatubo Island
C. the Ring of Fire
D. the Vulcan Plateau
Please select the best answer from the choices provided
Oo oo​

Answers

Answer:

C. Ring of fire

Explanation:

C. The Ring of FireI got it right on the lecture. Edge 2020.

Early in the Civil War, African Americans did not fight for the Union because

Answers

Answer:

Lincoln was afraid of antagonizing the border states.

What does each section of the triangle represent?

Answers

Answer:

A Trophic Level is The Answer .

Explanation:

I Got A 100% On The Quiz.

Answer:

A- a trophic level

Explanation:

What right do citizens have?​

Answers

Answer:

the right to vote

Answer:

They have the right to voteThey have the right to assemblethey have the right to petition governmentThey also have the right freedom of speech and the press

Explanation:

Glad i could help

Which of the following is the primary threat to the spotted owl population in the northwestern USA

Answers

Answer:

The two main threats to the spotted owl's continued survival are habitat loss and competition from the barred owl an invasive species native to eastern North America.

Explanation:

i hope i helped =)

Answer:

I will need the following but here is what I got.

The two main threats to the spotted owl's continued survival are habitat loss and competition from the barred owl, an invasive species native to eastern North America.

Hope this Helped!

-RosemaryAndSars

Potrzebuje szybko odpowiedzi!!! i pisać np. 1 a 2 c 1. Słowo biblia oznacza a, wyjątkowe pochodzenie b, obszerny księgozbiór c, barwną opowieść d, podstawę wiary 2. Stary testament otwiera a, księga wyjścia b, księga rodzaju c, ewangelia wg św. Marka d, ewangelia wg św. Mateusza 3. Ziemia obiecana to inaczej a, nil b, egipt c, eden d, kanaan 4. Nowy testament to święta księga a, żydów b, chrześcijan c, patriarchów d, muzułmanów 5. Żydzi wędrowali do ziemi obiecanej a, 10 lat b, 13 lat c, 40 lat d, 55 lat

Answers

Answer:

1. b. obszerny księgozbiór

2 b. księga rodzaju

3. d. kanaan

4. b. chrześcijan

5. c. 40 lat

T 2 3 4 5 6 7 8 9 10
TIME REMAINING
01:58:05
Which of the following is NOT a way that the State Department negotiates with foreign nations?
A.
trade agreements
B.
peace treaties
C.
military invasions
D.
military alliances

Answers

Military invasions is the answer



3 Points
Which is an example of someone using social power?
A. Esteban draws pictures to express himself, and he keeps his
pictures in a folder in his desk drawer.
B. Kenneth wants to read about other cultures so that he has a better
understanding of their social norms.
C. Carmine has his own style when it comes to clothing, and he
shows his friends where to get clothes so that they can dress like
him.
D. Briana tries to follow all her family rules even though she does not
agree with some of them.

Answers

Answer:

C

Explanation:

Carmine is actively influencing others. The other 3 options don't affect other people at all.

Answer:

 c

Explanation:

Many people in Colombia live in the ______ between the mountains.


Answers

Answer:

Valleys.

Explanation:

who is the first president of kenya​

Answers

Answer:

Jomo Kenyatta

Explanation:

Jomo Kenyatta ( c. 1897 – 22 August 1978) was a Kenyan anti-colonial activist and politician who governed Kenya as its Prime Minister from 1963 to 1964 and then as its first President from 1964 to his death in 1978.

Answer:

Jomo Kenyatta

Explanation:

was a Kenyan anti-colonial activist and politician who governed Kenya as its Prime Minister from 1963 to 1964 and then as its first

Who invented the Automoible?

Answers

Answer:

Nicolas Joseph or Karl Benz

Explanation:

Technically it was Nicolas Joseph. He began experimenting in 1765 working with models of steam engine powered vehicles for the french army which was for transporting cannons. In 1769 it was actually made of use.

But if you are talking about the guy who invented the first automobile with an internal combustion engine then Karl Benz is your guy. It was invented in 1885 and patented in 1886.

I hoped this helped :)

Answer:

karl benz

Explanation:

"It is generally acknowledged that the first really practical automobiles with petrol/gasoline-powered internal combustion engines were completed almost simultaneously by several German inventors working independently: Karl Benz built his first automobile in 1885 in Mannheim."

In Lesson 6, you read about Hinduism. Use what you learned from that lesson as well as this lesson to explain the connection between Hindu beliefs and the caste system. How did Hinduism contribute to the beginning of the caste system?

Answers

Answer:

Hindu had many beliefs like praying to gods Shiva and Brahma.  Hindus has a caste system that contained Brahmins, Kshatriyas, Vaishyas and the Shudras and Untouchables. The Untouchables were outcaste.

The Brahmins were the highest caste.  People thought the caste system came from Brahma this was their belief so they strongly believed and followed the caste system. An example of this was if the Untouchable touched a Brahmin people considered it a sin. This proves how strongly they believed in their caste system

Explanation:

Hope this helped

Amendment Six assures the accused the

Answers

Answer:

the sixth amendment assures the accused the right to a fair trial

In this quotion, who are “they”?
Republicans
slaveholders
African Americans

Answers

Show the quotation please then I can answer it :)

Answer:

African Americans

Explanation:

i just got this right on edg

Which responsibility does the legislature in a parliamentary democracy usually have?

Answers

Selecting the head of government.

Why are the factors of production important to economics?

A-They are not important and economic growth can still occur without them

B-They are the resources that we are able to get from the land

C-they provide everything a persons needs to everyone in the world

D-They are the building blocks of the economy and are what people use to produce goods and services

Answers

Answer:

D. They are the building blocks of the economy and are what people use to produce goods and services

Explanation:

(I took both AP microeconomics and AP macroeconomics)

Answer:

D

Explanation:

The factors of production are the resources used in creating and producing a good or service and are the building blocks of an economy. The factors of production are land, labor, capital, and entrepreneurship, which are seamlessly interwoven together to create economic growth.

How did President Andrew Johnson’s Reconstruction plan differ from President Abraham Lincoln’s?

Answers

Explanation:

Johnson's plan was loosley similar to Lincoln's original plan needing 10% of all  voters to pledge allegiance to the Union. But Johnson stated no former leaders or officeholders of the Confederacy, or Confederates with more than 20,000 in taxable property could hold office or vote. However, he had to power to return these rights to some, and he used this power often resulting in many Confederate leaders back in office months later. 8 months later, all 11 states were back in the Union with new/ revised constitutions, none of which extended voting rights to African Americans. Hope this helps! :)

Which rights are included In both Florida declaration of rights and the us constitution

Answers

The rights are included in both the Florida Declaration of Rights and the US Constitution are: trial by jury, claimant’s right to fair compensation  and protection from unreasonable search & seizure.

Explanation:

The United States' draft is commandant for entire country or territory/states. The Florida constitution is a Constitution of the US STATE, as it has all the same content as the Constitution of the United States, but the States involve broader and have more rights and information.

'Declaration of Rights' in Section I from the Florida states, that the death penalty is not illegal. Search and seizure, and cruel and unusual safeguards from punishment shall be consistent with the definition of those rights by the United States Supreme Court.

trial by jury

claimant’s right to fair compensation

protection from unreasonable search and seizure

Answer:

It was due to process of law and freedom of speech.

Explanation:

In the Second Punic War, Hannibal attempted a unique strategy to invade Rome when he _________________________.

A. filled a wooden horse with 37 of his best men and left it at the outer gate of the city
B. marched his troops and 37 elephants through the Alps
C. attacked the island of Sicily in the middle of the night
D. used female spies to infiltrate the capitol and sneaked the soldiers inside the gates

Answers

Answer:

B

Explanation:

The Romans were suprised by the attack of Hannibal when he used elephants to suprise attack the Romans by marching in through the alps.

I took the quiz my man.

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