Answer:
Present value = $6404.20
Explanation:
Data provided in the question :
Amount of the Centennial lottery prize won = $1.4 million = $1,400,000
Time after which the amount will be received, n = 70 years
Discount rate, r = 8%
Now,
the present values is given as:

on substituting the respective values, we get

or
Present value = $6404.20
To give the audience more information or teach them about something ENTERTAIN. Keeps the audience's attention usually in an enjoyable way INFORM. Gets the audience to believe something or do what they are saying PERSUADE.
What is the purpose of this presentation to persuade?
In a persuasive speech, the goal is to change the attitudes, beliefs, values, or judgments of your audience.
If we look back at the idea of motive, in this speech the prosecuting attorney would try to convince the jury members that the defendant is guilty beyond reasonable doubt.
When an author's purpose is to inform, they usually wish to enlighten their readership about a real-world topic. Often, they will do this by providing lots of facts.
Learn more about purpose here:
brainly.com/question/16049281
#SPJ4
Answer:
true
Explanation:
What you do now or what your planning on doing can always determines what you can possibly do next. But you have to make sure your not doing or posting anything bad on the internet or else they won't hire you.
It would be d bc it not everyone does all of the things they are saying
Answer:
Bond Price = $951.9633746 rounded off to $951.96
Explanation:
To calculate the quote/price of the bond today, which is the present value of the bond, we will use the formula for the price of the bond. As the bond is an annual bond, we will use the annual coupon payment, annual number of periods and annual YTM. The formula to calculate the price of the bonds today is attached.
Coupon Payment (C) = 1000 * 10% = $100
Total periods remaining (n) = 3
r or YTM = 12%
Bond Price = 100 * [( 1 - (1+0.12)^-3) / 0.12] + 1000 / (1+0.12)^3
Bond Price = $951.9633746 rounded off to $951.96