subject
Business, 27.10.2020 17:40 zamorano75341

A $3.6 million state lottery pays $15,000 at the beginning of each month for 20 years. How much money must the state actually have in hand to set up the payments for this prize if money is worth 5.8%, compounded monthly

ansver
Answers: 2

Another question on Business

question
Business, 20.06.2019 18:04
How can surveys and questionnaires be used to gather data for informal reports? surveys and questionnaires should be used only to gather data for formal reports. surveys and questionnaires can be used to collect confidential information for informal performance reviews. surveys and questionnaires allow you to collect data efficiently and economically from groups of people?
Answers: 2
question
Business, 22.06.2019 15:20
Record the journal entry for the provision for uncollectible accounts under each of the following independent assumptions: a. the allowance for doubtful accounts before adjustment has a credit balance of $500. b. the allowance for doubtful accounts before adjustment has a debit balance of $250. c. assume that octoberʼs credit sales were $70,000. uncollectible accounts expense is estimated at 2% of sales. smith, gaylord n.. excel applications for accounting principles (p. 51). cengage textbook. kindle edition.
Answers: 1
question
Business, 22.06.2019 19:30
Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.
Answers: 1
question
Business, 22.06.2019 20:00
Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80
Answers: 1
You know the right answer?
A $3.6 million state lottery pays $15,000 at the beginning of each month for 20 years. How much mone...
Questions
Questions on the website: 13722367