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  2. You have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you can invest the cash flow in an investment that is paying 8% annually, what is the present value of this annuity?

You have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you can invest the cash flow in an investment that is paying 8% annually, what is the present value of this annuity?

Posted by:Shadrack Posted on:Oct 14,2022
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ASSIGNMENT A company had cash and marketable securities worth $200,000 accounts payables worth $51,000, inventory of $1,501,500, accounts
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You have just won a lottery that promises an annual payment of $120000 beginning immediately. You will receive a total of 15 payments. If you can invest the cash flow in an investment that is paying 8% annually, what is the present value of this annuity?

Posted by:Shadrack Posted on:Sep 22,2022
, , , , ,
Principles of Finance (FIN101) Deadline for students A company had cash and marketable securities worth $200,000 accounts payables worth
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