User Account

All Pages

What is the present value of winnings

Assignment Help Finance Basics
Reference no: EM131493331

You have just won the lottery and will receive $540,000 as your first payment one year from now. You will receive payments for 26 years. The payments will increase in value by 4% each year. The appropriate discount rate is 10%. What is the present value of your winnings?

Reference no: EM131493331

Questions Cloud

Explain the hartley architecture : If sin ?LOt and cos ?LOt in the Hartley architecture are swapped, does the RX still reject the image (see Figure).
What does your company call its balance sheet : Also define liquidity and solvency as it relates to the company's debt-paying ability. What does your company call its ‘Balance Sheet'?
Charge for depreciation and amortization : It had $2.0 million of interest expense, and its corporate tax rate was 40%. What was its charge for depreciation and amortization?
Monthly expenses expected to be first year of retirement : what are your monthly expenses expected to be the first year of retirement?
What is the present value of winnings : You have just won the lottery and will receive $540,000 as your first payment one year from now. You will receive payments for 26 years.
Discuss the first or second lo in a weaver architecture : Repeat Fig. the above problem for the first or second LO in a Weaver architecture.
End of every year to reach your retirement goal : How much more do you need to Save at the end of every year to reach your retirement goal?
Earn an annual rate of return : If you both earn an annual rate of return of 6.00% , how much more money will you have after 19.0 years?
What would be a beneficial sample size : What types of research (qualitative versus quantitative) would provide the best information for the councilman to develop his proposal? Be sure to explain why.

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain why stock buybacks are similar to dividends from

the purchase of treasury stock commonly called stock buybacks is being done with increasing frequency in lieu of

  Does standardization required by gaap add greater validity

Does the standardization required by GAAP add greater validity to comparisons of financial data between companies and industries?

  Problem regarding the encourage collections

Your firm shows receivables building faster than sales. What actions should you take to encourage collections?

  Select one of the following funding organizations write a

select one of the following funding organizationsmiddot united way of americamiddot the robert wood johnson

  What type of information is included on your credit report

What type of information is included on credit report? What did you find surprising about credit reports? What are the top 2 factors in your FICO score? What actions can you take to earn the most points in these categories?

  Computation of target selling price and target cost

Computation of target selling price and target cost of manufacture and Should they make the Re-Rind and what would you say to them to reconcile the positions.

  Which of the following is a primary market transaction

Which of the following is a primary market transaction?

  Financial accounting and managerial accounting

1. Name and briefly describe each of the four financial statements. 2. Briefly distinguish between financial accounting and managerial accounting.

  What is the implied value of each warrant

The current yield on similar straight bonds is 15%. What is the implied value of each warrant? (a) $3.76 (b) $3.94 (c) $4.14 (d) $4.35 (e) $4.56

  The five-year macrs tax depreciation schedule

Ms. T. Potts, the treasurer of Ideal China, has a problem. The company has just ordered a new kiln for $520,000. Of this sum, $62,000 is described by the supplier as an installation cost. Ms. Potts does not know whether the Internal Revenue Ser..

  In this assignment you will compare and evaluate risk

identifying and managing riskin this assignment you will compare and evaluate risk management techniques from experts

  What is meant by proprietary trading

The Corporation enters into trading derivatives to facilitate client transactions for proprietary trading purposes, and to manage risk exposures arising from trading assets and liabilities.

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