present value question, Business Economics

Assignment Help:
Lottery Ticket Win! You win the lottery and are promised by the Lottery Commission $12,000 a year for 6 years, starting next year. Assume the interest rate is 9%. What is the present value of this prize?

Related Discussions:- present value question

Keynesian style stimulus package, Keynesian economics policy could be disti...

Keynesian economics policy could be distinguished from the classical economics as the main through of the classical theory is that supply creates its own demand which is described

Is population growth a problem, Is population growth a problem? Quick p...

Is population growth a problem? Quick population growth is a main cause of poverty and arises where population growth go beyond the rate of economic growth. Standards of liv

Export, Procedure for export under deferred paymet

Procedure for export under deferred paymet

Why are markets considered as unsuitable for promoting, Why are markets con...

Why are markets considered as unsuitable for promoting development? The process of establishing a market system frequently includes radical reform which produces both winners

Comparisons of standard of living among countries, Can national income figu...

Can national income figures be used to make comparisons of standard of living among countries? National income measures the Gross Domestic Product of country and therefore can

Economic systems, the markert is said to be an invisible hand in the econom...

the markert is said to be an invisible hand in the economic system , how

What are the implications of environment in economic growth, What are the i...

What are the implications of Environment in Economic Growth? Implications of Environment in Economic Growth: Only government can suppose liability for protecting natural res

Briefly describe the axioms of hannah and kay (1977), QUESTION 1 i) Dis...

QUESTION 1 i) Distinguish between the different kinds of concentration measures ii) Briefly describe the axioms of Hannah and Kay (1977) iii) Derive and explain the Dorfm

What are institutions, What are institutions? Institutions are formal ...

What are institutions? Institutions are formal organisations as like: • Government : the group of some people and institutions who control and manage a country Civic socie

How can the role of government in development be assessed, How can the role...

How can the role of government in development be assessed? Increasingly governments are judged through the outcome of their policies within achieving above average development

Write Your Message!

Captcha
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