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omeli [17]
3 years ago
8

You have won the state lottery. There are two ways in which you can receive your prize. You can either have $1 million in cash n

ow, or you can have $1.2 million that is paid out as follows: $300,000 now, $300,000 in one year’s time, $300,000 in two years’ time, and $300,000 in three years’ time. The interest rate is 20%. The present value of the payments over three years is:
Mathematics
1 answer:
Oxana [17]3 years ago
5 0

Answer:

pv=z/(1+R)^N

Step-by-step explanation:

I hope this helps!!!

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Answer:

X = 10

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Step-by-step explanation:

Your welcome.

3 0
2 years ago
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Math question screen shot down below
ser-zykov [4K]

Answer:

11

Step-by-step explanation:

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2

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