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
Why would a country want to gain its independence from another? What are the benefits and advantages of being independent? What
natita [175]

Answer:

Explanation:

The would want to gain independence if a certain type feels they have no voice, or are having to many/to strict of rules. The problems would be, creating new rules, new currency, new protection etc.

3 0
3 years ago
Read 2 more answers
The map below shows the location of some natural resources in North America. The map shows various natural resources across Nort
babymother [125]

Answer:

According to the information on the map, the natural resource that is found in both Mexico and Canada are:

Copper Iron and silver.

Explanation:

The reasons behind this answer are the following. In the first place, Silver is located in Ontario, Quebec, and New Brunswick in Canada, while in Mexico it is located In Jalisco, Aguas Calientes, and San Luis. Copper is found in basically all its territory but principally Ontario and Quebec. While it is found in San Luis and Oaxaca. Finally, iron is found in Quebec, New Foundland and Labrador in Canada, and San Luis, Oaxaca, and Michoacan. The three elements are found in both countries.

8 0
3 years ago
Read 2 more answers
If you had to make a country and name it what would you name it?
Yuki888 [10]

Answer:

Inatlia

Explanation:

It is a mix of italy and euprions

6 0
3 years ago
Read 2 more answers
Explain how the government is both a consumer and a producer.
Fittoniya [83]

Answer:

One of the ways that the government can become a consumer is that in its construction projects, they are dependent on manufacturers of cement, gravels, and others. There are still lots and lots of examples of this. Then, a way that it becomes the producer is when it lets the citizens pay for all the permits. They produce the permits and actually earn money from it. They use this money for different projects. 

Explanation:

8 0
3 years ago
According to virtue ethics how do we become more insightful in selecting moral exemplars?
kolbaska11 [484]

By becoming morally wiser.

<h3>What role do moral exemplars play in virtue ethics?</h3>
  • Moral exemplars have succeeded in integrating moral and professional attitudes and beliefs into their core identity.
  • Going against these considerations for moral exemplars is tantamount to acting against self. Acting in accordance with them becomes second nature.

To learn more about it, refer

to brainly.com/question/24448358

#SPJ4

7 0
1 year ago
Read 2 more answers
Other questions:
  • A hand-sewn white linen shroud in which the deceased members of the jewish faith are dressed?
    14·1 answer
  • Which of the following BEST summarizes the beliefs of Sunni Muslims with regard to succession of the caliph?
    9·1 answer
  • Which of the following is NOT a field of social studies?
    6·2 answers
  • Many constitutional monarchies started out as:
    7·1 answer
  • Which of the following is a representation of conformity?
    10·1 answer
  • Marqués de Rubí concluded that Spain should open more missions in Texas. True or False
    10·2 answers
  • What were church officials ?
    6·2 answers
  • Which culture group lived in the Northwest Coast region?
    13·1 answer
  • How did the industrial Revolution change the United States politically?
    8·1 answer
  • The primary concern about children with attention-deficit/hyperactivity disorder (ADHD) is that Group of answer choices ADHD int
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!