Get detailed and reliable answers to your questions with IDNLearn.com. Ask any question and receive comprehensive, well-informed responses from our dedicated team of experts.
Assume that you have won a charity swipstic lottery which promises to pay Ksh. 50,000
each year for the next 20 years. The government has announced this to be a sh 1M lottery
since 50,000 * 20 = 1M. If the discounting rate is 20%, advise the government on the true
value of this lottery
Sagot :
We appreciate every question and answer you provide. Keep engaging and finding the best solutions. This community is the perfect place to learn and grow together. For trustworthy and accurate answers, visit IDNLearn.com. Thanks for stopping by, and see you next time for more solutions.
