Determining the highest present value

Assignment Help Business Management
Reference no: EM132118923

May has just won a lottery, which offers a choice in how she may receive her prize. If the interest rate is 10% per annum, compounded annually, which of the following prizes has the highest present value? Assume May is 40 years old and expect to live until 85.

Reference no: EM132118923

Questions Cloud

Compute the suffix array for the same string : Does this change the memory requirement of suffix array and BWT? What impact it might have on suffix trees?
Feedback on the performance of team members : How does collecting regular feedback on the performance of team members, from relevant sources assist managers in identifying the learning needs of individuals
Write a use case buy a new car : Consider a system for buying a new car. The customer should inspect the vehicle and chose the type, the color and the desired characteristic.
When a leader use the concept of putting others : When a Leader use the concept of putting others before oneself how does it affect a company's culture in regards to its organizational effectiveness?
Determining the highest present value : Which of the following prizes has the highest present value? Assume May is 40 years old and expect to live until 85.
Determine the tag array size for three cache implementations : Determine the tag array size (in bytes) for three cache implementations (direct-mapped, 16- way set-associative, and fully associative).
How much do you need to invest today : If you deposit money now, you can earn 7% per annum with a 50% probability, 6% with a 25% probability and 8% with a 25% probability.
What is administrative law : What is administrative law? How does administrative law affect companies?
What legislators and courts can do to ensure : In addition to what legislators and courts can do to ensure the law is fulfilling its purpose, is there something that citizens should be doing

Reviews

Write a Review

Business Management Questions & Answers

  Formula for price elasticity of demand

1. Write the formula for price elasticity of demand and describe what it means.

  Ways that enhance the organization image

Managers and employees are expected to work in ways that enhance the organization's image. What does this mean and why is it necessary.

  Space age furniture company

The Space Age Furniture Company manufactures tables and cabinets to hold microwave ovens and portable televisions.These products are made in various sizes

  Approaches to goals and assumptions

Your firm has used bottom-up planning for years, but the subsidiaries' plans differ with respect to approaches to goals and assumptions-even the time frames

  Explain basic project cost management principles, concepts

Explain how you would designate a leader for each project and how they should use the various tools below to ensure all personnel are actively engaged. Create a small Gant chart for an imaginary project.

  Article review-business ethics

Locate an article that discusses the topic of business ethics and write a two-page review of the article you selected. Topic ideas might include the role of ethics in the workplace, breach of ethics, the effect of internal and external forces on e..

  Discuss considerations in employment policies

Define a black market. Explain why does currency exchange controls inevitably cause black markets? Can the currency exchange controls or black markets be of use to a worldwide industry finance manager? Explain.

  Illustrate and quantify the income and substitution

Provide a labelled Indifference Curve diagram and supplementary calculations to illustrate and quantify the Income and Substitution Effects for this wage increase. Calculate and show Bundles "A", "B" and "C", the slopes and intercepts for the Budg..

  Discussion of agency theory and board responsibility

Based on Dess' discussion of agency theory and board responsibility toward shareholders, do you believe that the Lehman Brothers Board of Directors

  Delegate the duties of the contract or to discharge contract

Masterpiece argued that it had a right to delegate the duties of the contract or to discharge the contract due to commercial impracticability. Who wins.

  Different methods for forecasting salesmonthly sales for

different methods for forecasting salesmonthly sales for national mixer inc. for a seven-month period were as

  Substantial savings

Valuable time is lost in planning. Substantial savings can be realized if corporations would cut down on planning and concentrate on implementing." Do you agree or disagree with this view?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd