Roshanna has just won the lottery. Her required rate of return is 65. She should take the annual annuity payment of $125,000 for the next 20 years and assume she will receive her first payment at the end of the year, or an immediate lump sum payout of 1.5 million. 

Calculate Present Value of annuity return?  (Use HPB2plus calculator)

Answer rating: 100% (QA)

To calculate the present value of the annuity return we can use the H... View the full answer