Calculate the net present value of a lottery win


Question: Calculate the net present value of a $250,000 lottery win paid in equal annual installments over 5 years assuming a discount rate of 4%.

Solution Preview :

Prepared by a verified Expert
Finance Basics: Calculate the net present value of a lottery win
Reference No:- TGS02044772

Now Priced at $20 (50% Discount)

Recommended (90%)

Rated (4.3/5)