1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Dennis_Churaev [7]
3 years ago
6

A lottery claims its grand prize is $10 million, payable over 20 years at $500,000 per year. If the first payment is made immedi

ately, what is this grand prize really worth? Use an interest rate of 6%.
Social Studies
1 answer:
dybincka [34]3 years ago
3 0

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

You might be interested in
Which of the following colonies would most likely have agreed with this stamens the king of England knows what is best for the c
ValentinkaMS [17]

dont know at all tel

8 0
3 years ago
QUESTION 34 Laws that serve to define how laws are used, applied, and enforced are known as ______ laws.
Lera25 [3.4K]

Laws that serve to define how laws are used, applied, and enforced are known as procedural laws.

The procedural law is that legal norm that regulates the operation and organization of the courts of justice, indicating the powers and competence of how laws are used.

  • Procedural laws are characterized because they regulate the jurisdictional activity and the operation of the process.

  • The procedural laws establish the simplification, uniformity and efficiency of the procedures.

Therefore, we can conclude that laws that serve to define how laws are used, applied, and enforced are known as procedural laws.

Learn more here: brainly.com/question/24506326

7 0
2 years ago
Match each group to its role in spreading Islam.
Delicious77 [7]

Answer:

2,1,3

Explanation:

6 0
2 years ago
Who wrote the Kansas-Nebraska Act?
alina1380 [7]

Answer:   Senator Stephen A. Douglas of Illinois and President Franklin Pierce.

Context/details:

The Kansas-Nebraska Act enacted by Congress in 1854. It granted popular sovereignty to the people in the Kansas and Nebraska territories, letting them decide whether they'd allow slavery.  In essence, this made the Kansas-Nebraska act a repeal of the Missouri Compromise of 1820, which had said there would be no slavery north of latitude 36°30´ except for Missouri.

After the passage of the Kansas-Nebraska Act, pro-slavery and anti-slavery settlers rushed into Kansas to try to sway the outcome of the issue, and violence between the two sides occurred.  The term "bleeding Kansas" was used because of the bloodshed.  

4 0
3 years ago
What is the purpose of an ombudsman?
AysviL [449]

Answer:

d

Explanation:

7 0
3 years ago
Other questions:
  • How do government regulators protect consumers?
    11·2 answers
  • What are details why the Mexican revolution was not successful
    5·1 answer
  • What does the law if diminishing marginal utility state?
    7·1 answer
  • What is the point of sociology?
    11·1 answer
  • On the first day of class, Professor Simmons explains what the goals of the course are and what he expects of his students. This
    6·1 answer
  • What was a main advantage of the three-field system?
    6·2 answers
  • Ancient Rome and modern-day U.S. are both considered to be world powers. What does this mean?
    9·1 answer
  • HELP RIGHT NOW!!!!!!!!!!!!!!!!!!<br><br> ----<br><br> Cardiac muscle causes movement in the_______ .
    9·2 answers
  • What Is Effective Citizenship pls help me
    14·2 answers
  • 50 points
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!