Question: need formulas to red cells Conditiona Formatting Font Alignment Number Xf BCD Problem 2: You win the NY Lotto and are offered the choice of

need formulas to red cells

Conditiona Formatting Font Alignment Number Xf BCD Problem 2: You win the NY Lotto and are offered the choice of 20 annual payments (beginning today) of $300,000 or a lump sum (today) of $4,250,000. Which is the best financial choice? How much more in present value do you earn by making the correct choice? The discount rate is 3.2%. $300,000 $4,250,000 3. 20% PV of Annuity Option: PV of Lump Sum Difference in PV Correct choice? Annuity

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