Answer:
Answer is $6,079,058.25
Explanation:
This is a simple present value problem.
Present value of annuity shows the worth of annual payments which is present.
As per the given statement, grand prize of lottery is $10 million. This is payable over 20 years at $500,000 per year. The interest rate is 6%.
To find the real worth of the grand prize, each $5 million payment must be "brought back" to their current value at a 6% per year rate.
N = 20; PMT = 500,000; FV = 0 ; I = 6% ; Payments in BEGIN mode.
PV= Cash flow/ (1+rate of return) to the power n
PV will be addedc exponential power 20 times giving answer as $6,079,058.25
Hence, PV = $6,079,058.25
Answer: Receiver's preference and level of technical expertise
Answer:
Product Owner
Explanation:
A product owner is an intermediary between the development team and the users . It evaluates a project from the perspective of a customer by finding out what features of a product will satisfy their needs and and works with the development team in realizing it . It acts to represents the interest of the customers by ensuring that the efforts of the development team focused on developing a project that will fulfill the business objective of the project
Answer:
I would say that the answer is "recording information about a fraudulent business".
Explanation:
His job is to make sure that consumers are treated fairly.
Answer:
rise, fall
Explanation:
Money supply refers to the total value of money in the form of currency and other liquid instruments available in an economy.
It includes cash, coins, and other near money substitutes.
Money supply is measured as it influences various activities taking place all around us in the economy.
A larger money supply leads to <u>fall</u> in interest rates. As a result, the prices of those short-term financial assets will <u>rises.</u> Conversely, smaller money supplies leads to rise in interest rates which in turn leads to fall in prices of the short-term financial assets.
