a. You have just won a 1 Million lottery. This new lottery however will payout the award 60 years from today. What is th

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answerhappygod
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a. You have just won a 1 Million lottery. This new lottery however will payout the award 60 years from today. What is th

Post by answerhappygod »

a. You have just won a 1 Million lottery. This new lottery
however will payout the award 60 years from today. What is the
present value of your award based on 16% per annum interest
rate?
b. Find the present value of an investment that promises to pay
you P1,750 at the end of every year forever, when the interest rate
is 11%.
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