WebNov 18, 2024 · Suppose you just won the state lottery, and you have a choice between receiving $2,075,000 today or a 15-year annuity of $300,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. Nov 18 2024 08:12 AM 1 Approved Answer Paras J answered on November 20, 2024 5 Ratings ( … WebForm what I can gather, he subtracts the 1/2600 in order to factor out the P(grand). The reason for doing this, is that P(small) = (1/26 [chance of getting the letter correct, which implies you win regardless] - 1/2600 [the chance of getting the grand prize, since 1/26 as the first value, implies that you could also win the grand prize] )
Man, girlfriend ‘in shock’ over Michigan lottery jackpot win Fort ...
WebJul 1, 2024 · Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment … WebSuppose you just won the state lottery, and you have a choice between receiving $4,500,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. Select the correct answer. a. 1.83% b. 0.23% c. 1.43% d. 0.63% e. 1.03% arrow_forward our mississippi home magazine
(Solved) - Suppose you just won the state lottery, and you have a ...
WebSuppose you just won the state lottery, and you have a choice between receiving $2,455,000 today or a 20-year annuity of $230,000, with the first payment coming one year from … Web46 minutes ago · April 15th NBA Slate Preview – Golden State Warriors @ Sacramento Kings. Sacramento is only a 1-point favorite against Golden State when the Kings (48-34) and the Warriors (44-38) square off on April 15, 2024 in a game expected to be a close one. The game’s over/under is 237. Kings odds to win: -110; Warriors odds to win: -109; Spread ... WebJan 28, 2024 · Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,000, with the first payment … our little pizza place visalia ca