Determining the jackpot amount paid out

Assignment Help Business Management
Reference no: EM131208796

Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assume the market interest rate at the time is 7%.

Considering the above scenario, which option is most advantageous and why? (Be specific as to any calculations performed.) What other factors should be considered in making your decision?

Reference no: EM131208796

Questions Cloud

Benefit of risk assessment for an it infrastructure : Explain the benefit of risk assessment for an IT infrastructure. How does an IT manager faced with a list of several risks know which risks to focus on first? (minimum 200 words in length)
Gumnut subroutine to clear a number of consecutive locations : Write a Gumnut subroutine to clear a number of consecutive locations in memory to 0. The first address is provided in register r2 and the number of locations is provided in r3. Show a call to the subroutine to clear 10 locations starting from addr..
Receive the jackpot amount paid : Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assum..
Discuss what should be included in an audit program : HI6026 AUDIT, ASSURANCE, AND COMPLIANCE - List and discuss what should be included in an audit program for the BSF Ltd. Your program should include general coverage plus the specific items covered.
Determining the jackpot amount paid out : Suppose you win the lottery in 2010 when the jackpot amount is $162 million. You can receive the jackpot amount paid out evenly over 26 years or you can elect to take an immediate payment of $95 million, before taxes. Ignore all tax effects. Assum..
Was outcome positive motivation or were negative impacts : Give an example of a reinforcement schedule you have experienced or seen. Explain the effort, the reinforcement schedule, and the motivation to succeed. Was the outcome positive motivation or were their negative impacts?
Find the average of a sequence of eight 8-bit numbers : Initialize the eight numbers to be the integers 2, 4, 6, . . . , 16. Use a 16-bit sum to calculate the average, and shift instructions to divide by 8.
Contemporary decision making : A warehouse manager, Jane, needs to determine how many order pickers she should staff. The daily demand is normally distributed with a mean of 58,855 parts and a standard deviation of 4876 parts. The number of parts that order pickers pick daily i..
The switch in the circuit shown find vout : The switch in the circuit(b) shown below has been in position A for a long time. It is moved to position B at time t=0. Find Vout(t) for t>0.

Reviews

Write a Review

Business Management Questions & Answers

  Effectively managing diversity in the disseminator role

A manager who is effectively managing diversity in the disseminator role would:

  Explain disadvantage of the pure project organization

Explain the assertion that one (1) disadvantage of the pure project organization is the project professionals' tendency to fall behind in areas of technical expertise that they do not use on projects

  Work specialization and unemployment1what are the

work specialization and unemployment1.what are the advantages and disadvantages on work specialization? what is the

  Illustrate what recommendations would you make to allow

Illustrate what recommendations would you make to allow Apple to strengthen its position in its most important markets? Illustrate what steps

  Explain reconstruct a situation where a process was deemed

Explain Reconstruct a situation where a process was deemed out of control. Focus your reconstruction on key variations related to assignable causes or Type I errors

  Compute how many months it will take

Because the client is concerned about the fact that deposit insurance covers the account for only up to $100 000, compute how many months it will take to reach that amount.

  How many of the 20 universities are efficient

Perform a DEA evaluation for the universities, listing the efficiency for each. -  How many of the 20 universities are efficient?

  Incentive programyour company is struggling to retain its

incentive programyour company is struggling to retain its sales representatives. it seems the employees go through the

  Inancial reportingwhy is it important to report

inancial reportingwhy is it important to report discontinued operations or extraordinary items separately from income

  Nominal growth rate of the economy

Pick 4 and calculate their expected returns using a simple "Gordon growth model" and using the nominal growth rate of the economy for the company growth rate. Discuss your assumptions and findings.

  Organizational environment in management

What is Organizational Environment in management? Use simple and concise definition

  Self-centered role behaviors and conflict management

What can a manager or group leader do to eliminate or correct the harm from self-centered role behaviors

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