g . A college student is reported in the newspaper as having won $ 8 , 0
Fantastic news! We've Found the answer you've been seeking!
Question:
g A college student is reported in the newspaper as having won $ in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $ million now. Instead she will receive $ at the end of the year for each of the next years. If the annual interest rate is what is the present value todays amount that she won? ignore taxesRound your answer to nearest whole dollar.
Posted Date: