Susan won a lottery jackpot that will money her 12,000 respectively year for the subsequent ten years.?
If the bazaar invest rates are currenly 12% how much does they lottery own to invest today to foot out this prize to Susanover the subsequent ten years
Answers:
The lottery would hold to invest $100,000 to catch a $12,000 annual return on an investment that yield 12%. If you can if truth be told find such an investment, please agree to me know what it is!
Nice try, no homework question please.
You already asked this put somebody through the mill, except Lucy suddenly become Susan.
The amount is still duplicate. $75,938
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Answers:
The lottery would hold to invest $100,000 to catch a $12,000 annual return on an investment that yield 12%. If you can if truth be told find such an investment, please agree to me know what it is!
Nice try, no homework question please.
You already asked this put somebody through the mill, except Lucy suddenly become Susan.
The amount is still duplicate. $75,938