User Account

All Pages

First prize in the centennial lottery

Assignment Help Business Economics
Reference no: EM131670247

You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 62 years from now.

What is the present value of your windfall if the appropriate discount rate is 9 percent? (Do not round intermediate calculations and round your final answer to 2 decimal places, e.g., 32.16.)

Reference no: EM131670247

Questions Cloud

Summarise the evidence and make a conclusion : The body should present the evidence you have collected to support your argument, and the conclusion should restate your argument, summarise the evidence
Compare and contrast medicare and medicaid : Compare and contrast Medicare and Medicaid. List below at least initiative of the Affordable Care Act that have impacted long term care providers and recipient.
Discuss about the progressive relaxation : Expalin the walking, jogging, stretching, bicycling, swimming, weight training, jumping rope, yoga, Tai Chi, meditation, progressive relaxation.
What rate should the shop report : Big Dom's Pawn Shop charges an interest rate of 27.3 percent per month on loans to its customers. Like all lenders, Big Dom must report an APR to consumers.
First prize in the centennial lottery : You have just received notification that you have won the $1 million first prize in the Centennial Lottery.
Explain the acs code of ethics : As you are training to be an ICT professional you should refer to the ACS Code of Ethics and/orACS Code of Professional Conduct in your response.
Identify any environmental stressors : Identify any environmental stressors that are related to the environmental risk. Conclude with a discussion of your own risk perception of the issue.
How can an organization reduce or eliminate the silo effect : Have you experienced the silo effect? Why do you think this effect exists? How can an organization reduce or eliminate the silo effect?
Identify significant cultural beliefs-values and norms : Using four or more scholarly sources, research the culture of India to identify significant cultural beliefs, values and norms.

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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