Suppose you just won the state lottery

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WebSep 5, 2024 · answered • expert verified Suppose you just won the state lottery, and you have a choice between receiving $4,500,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes See answer Advertisement rafikiedu08 WebAug 8, 2014 · Two-boxing dominates one-boxing: in every state, two-boxing yields a better outcome. Yet on Jeffrey's definition of conditional probability, one-boxing has a higher expected utility than two-boxing. There is a high conditional probability of finding $1 million is in the closed box, given that you one-box, so one-boxing has a high expected utility.

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WebJan 28, 2024 · Suppose you just won the state lottery, and you have a choice between receiving $3,500,000 today or a 20-year annuity of $250,000, with the first payment … WebSuppose you just won the state lottery, and you have a choice between receiving $4,500,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. Select the correct answer. a. 0.23% b. -0.57% c. 1.83% d. 2.63% e. 1.03% grohe new york

Answered: Suppose you just won the state lottery,… bartleby

WebForm what I can gather, he subtracts the 1/2600 in order to factor out the P(grand). The reason for doing this, is that P(small) = (1/26 [chance of getting the letter correct, which implies you win regardless] - 1/2600 [the chance of getting the grand prize, since 1/26 as the first value, implies that you could also win the grand prize] ) WebAug 12, 2024 · As tempting as it may be to shout it from the rooftops and throw a huge "I won the lottery!" party, keep it as much to yourself as possible, especially before turning in … Web46 minutes ago · April 15th NBA Slate Preview – Golden State Warriors @ Sacramento Kings. Sacramento is only a 1-point favorite against Golden State when the Kings (48-34) and the Warriors (44-38) square off on April 15, 2024 in a game expected to be a close one. The game’s over/under is 237. Kings odds to win: -110; Warriors odds to win: -109; Spread ... fileplanet softonic

You just won the state lottery, and you have a choice between …

[Solved] . Suppose that Becky just won the lottery and must …

WebApr 14, 2024 · New York and California have had the most winners for Mega Millions. The Just the Jackpot feature offers players two chances at winning the jackpot only. This … WebSuppose that Becky just won the lottery and must choose between three award options: 1. A lump sum of $40,000,000 received today 2. 15 end-of—year payments of $5,000,000 3. 40 end-of—year payments of $3,600,000 Assume the interest rate is 8.00%, entered as 8 on your financial calculator. ... fileplanet sicherWebQ: Suppose that you won $1,500,000 in the Illinois state lottery. It will be paid to you over 20 years…. A: An annuity is end of year equal payments made for a fixed period of time at a … file planet download manager

"WebSuppose you just won the state lottery, and you have two options: (1) receiving $2,550,000 now or (2) receiving a 20-year annuity with $250,000 payment at the end of each year. What rate of return is built into the annuity to make you indifferent with these two options? A) 7.12% B) 7.87% C) 8.26% D) 7.49% E) 8.67% Question " - Suppose you just won the state lottery

Suppose you just won the state lottery

Web67 views, 1 likes, 2 loves, 8 comments, 2 shares, Facebook Watch Videos from North Broadway Church of Christ: North Broadway Church of Christ Morning... WebSuppose you just won the state lottery, and you have a choice between receiving $4,500,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. Select the correct answer. a. 1.83% b. 0.23% c. 1.43% d. 0.63% e. 1.03% arrow_forward

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WebYou just won the California State Lottery. The amount awarded is paid in 20 equal annual installments at the beginning of each year. You can invest your money at 6.6%, compounded... WebSuppose a State of New York bond will pay $1,000 ten years from now. If the going interest rate on these 10-year bonds is 5.0%, ... Kristina just won the lottery, and she must choose …

Web1. Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year …

WebQuestion #167602 Value of an annuity versus a single amount Assume that you just won the state lottery. Your prize can be taken either in the form of $40,000 at the end of each of the next 25 years (that is, $1,000,000 over 25 years) or as a … Web18 hours ago · If you or a loved one shows signs of gambling addiction, you can seek help by calling the national gambling hotline at 1-800-522-4700 or visiting the National Council on Problem Gambling website ...

WebSuppose you just won the state lottery, and you have a choice between receiving $3,025,000 today or a 20-year annuity of $250,000, with the first payment coming one year from …

WebFor the lottery question, another way to think of it is as below. 4p4/60p4 = same answer. explanation: think of this top part of the probability (numerator) as 4p4 since you have 4 … grohe.nl serviceWebSuppose you just won the state lottery, and you have a choice between receiving $2,455,000 today or a 20-year annuity of $230,000, with the first payment coming one year from … fileplanet office 2016WebSuppose you just won the state lottery, and you have a choice between receiving $500,000 today or a 25-year annuity of $40,000, with the first payment coming one year from today. … file plan ethekwini municipalityWeb122.Suppose you just won the state lottery, and you have a choice between receiving $2,550,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes. 123.Your girlfriend just won the Florida lottery. grohe.nl contactWebApr 7, 2024 · Suppose you just won the state lottery, and you have a choice between receiving $3,025,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity See answer Advertisement thaovtp1407 Answer: r = 5.35% Explanation: Given: n = 20 fileplanet malwareWebSep 17, 2024 · Überraschender Anruf für Hold! Polizei führt Zeugen vor! - 2_2 - Richter Alexander Hold - SAT.1 fileplanet rfactor modsWebNov 16, 2024 · Suppose you just won the state lottery, and you have a choice between receiving $3,600,000 today or a 20-year annuity Ask an Expert Tax Questions Related Tax Questions We sold our house recently for $754,000 and then bought We sold our house recently for $754,000 and then bought another house for $662,200. grohe new tempesta shower head