The prize is really worth $1,006,512.21.
<h3>What is present value?</h3>
Present value is the sum of cash flows discounted at the rate of interest or the discount rate. The annual cash flows for the next 10 years = $1.5 million / 10 = 150,000
The present value can be determined using a financial calculator
Cash flow from year 1 to 10 = $150,000
Discount rate = 8%
Present value = $1,006,512.21
Here is the complete question: You win a lottery with a prize of $1.5 million. Unfortunately the prize is paid in 10 an¬nual installments. The first payment is next year. How much is the prize really worth? The discount rate is 8 percent.
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A the first groupings has 200 medium-side busi es-es each needing 128 addresses
Marietta is a part of A WORK GROUP.
The correct option is B.
A work group is made up of members, who can represent one unit or department and these members work independently but at the end of the day they pool their outputs together. The characteristic feature of work groups include the following: individual accountability, focus is on individual goals, production of individual work product, defined individual roles, tasks and responsibilities, etc.
If you look at it I think it was be in bounds and you did not have
Answer:
total dollar amount he earned this month is 946 - 2 t
Explanation:
given data
tutor = $9
waiter = $11
total time = 86 hours
to find out
total amount earned
solution
as given we consider here no of hours as tutor work = t
so as waiter he work for no of hours = ( 86 - t )
so here
total amount is earned is 9 × t + 11 × ( 86 - t )
total amount is earned = 9 t + 946 - 11 t
total amount is earned = 946 - 2 t
so total dollar amount he earned this month is 946 - 2 t
