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Mathematics, 31.07.2019 02:30 sierransha08

Alocal magazine is offering a $2,500 grand prize to one lucky winner. $1,000 will be paid on the day of the drawing. the remaining $1,500 will be paid in three annual payments of $500 each, starting one year after the drawing. how much would this prize be worth to you if you can earn 9 percent on your money?

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Alocal magazine is offering a $2,500 grand prize to one lucky winner. $1,000 will be paid on the day...
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