A scheme of a lottery for 1,500,000 l. upon a fund of 135,000 l. per ann. for 32 years

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Published **1711**
in [London .

Written in English

**Edition Notes**

Series | Eighteenth century -- reel 261, no. 52. |

The Physical Object | |
---|---|

Format | Microform |

Pagination | [4]p. |

ID Numbers | |

Open Library | OL17058994M |

Growing Annuity [LO1] You have just won the lottery and will receive $1,, in one will receive payments for 30 years, and the payments will increase by percent per year. If the appropriate discount rate is 7 percent. what is the present value of your winnings?%(3). Award: out of points out of points You just won the TVM Lottery. You will receive $1 million today plus another 10 annual payments that increase by $, per year. Thus, in one year, you receive $ million. In two years you get $ million, and so on. Lotta Dough just won the state lottery and has elected to receive $50, per year for 20 years in the 47) form of an annuity due. What is the present value of this stream of payments if money can earn 10 percent annual interest? A) $, B) $, C) $, D) $, annuities, C and D. Annuity C is an ordinary annuity of $2, per year for. 10 years. Annuity D is an annuity due of $2, per year for 10 years. Find the future value of both annuities at the end of y assuming that; Marian can earn (1) 10% annual interest and (2) 20% annual interest.

name of firm: frontier forwarding services l.t.d name of dispatch officer: anderson tel number:+44 tel number:+44 tel number:+44 fax number:+44 email address:[email protected] *****. Bad debt expense is 3% of $4,, or $, If $, in accounts receivable were written off, the balance would be $, + $, -$, = $, Note: This is based off of sales not an aging of A/R therefore don't put the , as the allowance for uncollectible accounts when it . Newsys Inc. will generate $30, per year for the next five years from a new database system. The system requires an investment of , today. If: 3: Business: An investment pays $2, per year for 10 years. The payments occur at the end of each year. The required rate of return in 12%. Calculate the value o: 3. Hire online tutors for homework help. Get instant access to more than 1 million solutions to academic questions and problems.

You have just won the lottery and will receive $1,, in one year. You will receive payments for 30 years, and the payments will increase percent per year. If the appropriate discount rate is percent, what is the present value of your winnings? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g. Question Linda won $, in a state lottery. She first paid income tax of 30% on the winnings. Of the rest she invested some at % and some at 4% earning $ interest per year. You have just won the lottery and will receive $1,, in one year. You will receive payments for 30 years, and the payments will increase by percent per year. On January 1 you win $50,, in the state lottery. The $50,, prize will be paid in equal installments of $6,, over eight years. The payments will be made on December 31 of each year, beginning on December 31 of this year. If the current interest rate .

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