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egoroff_w [7]
3 years ago
6

You have just received notification that you have won the $3 million first prize in the Centennial Lottery. However, the prize w

ill be awarded on your 100th birthday (assuming you’re around to collect), 78 years from now.What is the present value of your windfall if the appropriate discount rate is 10 percent? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Business
1 answer:
Oksanka [162]3 years ago
7 0

Answer:

Present Value= $1,772.115

Explanation:

Giving the following information:

You have won the $3 million first prize in the Centennial Lottery.

However, the prize will be awarded on your 100th birthday, 78 years from now. What is the present value of your windfall if the appropriate discount rate is 10 percent.

We need to use the following formula:

PV= FV/[(1+i)^n]

PV= present value

FV= final value

PV= 3000000/(1.10^78)= $1,772.115

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Answer:

Modified Rebuy.

Explanation:

Modified Rebuy can be defined as the desires of a buyer to re-purchase or reorder the products previously bought but with certain modifications either in prices, products, suppliers, or terms. The buyer may modify the current purchasing terms because he may not be satisfied with the supplier or may have some new requirements.

In the given case, the modification in supplier has been made by the organization to get a better price. Thus this is an example of modified rebuy.

So, the correct answer is modified rebuy.

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2 years ago
If Nike had signed a release not to sue Already for past violations of trademarks, in exchange for some money, would this case l
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Trademark are legally approved rights that any violations can lead to severe consequences based on the enabling laws as enshrined in the constitution of a country.

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2 years ago
The preferred method for situations involving strategic decision making, projects with a high degree of
Nataly_w [17]
I Found the answer on internet.

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3 years ago
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iren2701 [21]

Answer:

A) primary research

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2 years ago
Read 2 more answers
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