Finance - State lottery earnings

User Generated

qroov8800@nby.pbz

Business Finance

Description

You and your coworkers just won $833,333 from the stae lottery. Assuming you each receive your share over 18 years and the state lottery earns 9% return on its funds, what is the present value of your prize before taxes if you request 'up-front cash option.

Assuming you each receive  each receive your share over 18 years and that the state lottery earn a 9% return on its funds, the present value of your prize before taxes  if you request up front cash ooptions

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer


Anonymous
Great! 10/10 would recommend using Studypool to help you study.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Similar Content

Related Tags