You have just won the lottery and will receive $570,000 in one year. you will receive payments for 23 years, which will increase 4 percent per year. the appropriate discount rate is 10 percent.

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asked Jan 2, 2018 203k views

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You have just won the lottery and will receive $570,000 in one year. you will receive payments for 23 years, which will increase 4 percent per year. the appropriate discount rate is 10 percent.

Mathematics
high-school

Hephalump asked

by Hephalump

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DANG $13,210,130 i would love to be this guy

DrLazer answered Jan 8, 2018

by DrLazer

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