From beginner to expert, IDNLearn.com has answers for everyone. Get prompt and accurate answers to your questions from our community of knowledgeable 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 :
Thank you for joining our conversation. Don't hesitate to return anytime to find answers to your questions. Let's continue sharing knowledge and experiences! Your search for solutions ends at IDNLearn.com. Thank you for visiting, and we look forward to helping you again.
