Winning lottery based question


Problem:

Let's say I just won the lottery and I'm suppose to receive $2,000 five years from now. At an interest rate of 6%, what is that $2,000 worth today?

Solution Preview :

Prepared by a verified Expert
Finance Basics: Winning lottery based question
Reference No:- TGS02051536

Now Priced at $20 (50% Discount)

Recommended (94%)

Rated (4.6/5)