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 single amount of $500,000
paid immediately.

a. If you expect to be able to earn 5% annually on your investments over the next
25 years, ignoring taxes and other considerations, which alternative should you
take? Why?
b. Would your decision in part a change if you could earn 7% rather than 5% on
your investments over the next 25 years? Why?
c. On a strictly economic basis, at approximately what earnings rate would you be
indifferent between the two plans?

answer: 11/12

step-by-step explanation: 4 1/4 and 3 1/3 is equivalent to 4 3/12 and 3 4/12. 4 3/12 - 3 4/12 =11/12

answer; empowerment and collaboration;

administrative jobs normally have someone answering phone calls and scheduling appointments, filing patient or customer information, making sure the front of the office looks nice to those who enter the building. administrative jobs can also include making sure the manager has everything they need for meetings, making delivers and much more. administrative jobs are important to most businesses as are customer service focused as they are often one of the first impressions a consumer sees of a business.

answer; /// the above statement is (false);