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Levart [38]
4 years ago
13

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 annua

l interest rate is 8%, what is the present value of the winnings?
Business
1 answer:
olga nikolaevna [1]4 years ago
4 0
PV = A*[1-(1+r)^-n]/r

A = annual payment = $100,000
r = Interest rate = 8% = 0.08
n = Number of year = 20
PV = present value of the earnings

Therefore,
PV = 100,000*[1-(1+0.08)^-20]/0.08 = $981,814.74
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When a scientific number is the result of a measurement using equipment such as a balance, the last digit is ______?
zhuklara [117]
The answer is <span>the last digit is "estimated".
</span>
The Scientific notation or configuration shows a number in exponential notation, by replacing some portion of the number with E+n, where E (which remains for Exponent) duplicates the first number by 10 to the nth power. For instance, a 2-decimal Scientific notation shows 12345678901 as 1.23E+10, which is 1.23 times 10 to the tenth power. Hope this helps!
5 0
3 years ago
Which of the following statements about human populations in industrialized countries is incorrect? Which of the following state
ozzi

Answer: Birth rates and death rates are high.

Explanation:

In industrialized countries the life expectancy is reasonably high, so it's false to state that the death rate is high.

Also in industrialized countries birth is controlled as against developing countries that don't really put birth control measures.

6 0
3 years ago
Sandra, the operations manager of the Zara clothing chain, is informed that the summer line requires certain materials that are
Alecsey [184]

Answer:

<em>MRP (Material Requirement Planning)</em>

Explanation:

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3 0
3 years ago
Peter and Paul shared a sum of money in the ratio of 4:5. If peter got ₱56,000,what was the original amount of money?​
Natalka [10]

Answer:

126,000

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56,000 + 70,000 = 126,000

8 0
2 years ago
at the beginning of each workday in the medical office, the receptionist is generally responsible for:
sleet_krkn [62]

At the beginning of each workday in the medical office, the receptionist is generally responsible for disengaging the alarm system.

What is receptionist?

An individual who works in an office or administrative support role is a receptionist. The task is typically done in a waiting room, like a lobby or front desk of a company or institution. A person who works for an organisation who is responsible for greeting clients, patients, and visitors as well as taking phone calls is known as a receptionist. A receptionist's tasks may also include room reservations and assignment, visitor registration, cashier work, credit checks, key control, and mail and message service. This administrative department is referred to as the front desk in many hotels. Front desk clerks are another name for these receptionists. To help the businesses they work for, receptionists perform a variety of activities, such as scheduling appointments, filing, keeping records, and other office duties.

to learn more about receptionist
brainly.com/question/27132969
#SPJ4

7 0
2 years ago
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