Celine dion just won a name that tune contest with a grand, Financial Management

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Celine dion just won a name that tune contest with a grand

Celine Dion just won a? "Name That? Tune" contest with a grand prize of ?$210,000. ? However, the contest stipulates that the winner will receive ?$80000 ?immediately, and the remainder divided equally at the end of each of the next 10 years. Assuming that she can earn 6?% on her? money, what is the present value of her? winnings?

What is the present value of the? winnings? $

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Financial Management: Celine dion just won a name that tune contest with a grand

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