How much should you charge your professor for winning ticket, Financial Management

+44 141 628 6080
[email protected]

How much should you charge your professor for winning ticket

Problem

Suppose you win the Powerball with a $10 million prize. The money is paid in equal annual instalments over a 30-year period. The appropriate discount rate is 5% per year. Your professor offers to buy the "winning ticket" from you. How much should you charge your professor for the winning ticket: Using formula PV= C/r x (1 - 1/(1+r)^T)

Request for Solution File

Ask an Expert for Answer!!

Financial Management: How much should you charge your professor for winning ticket

Reference No:- TGS03238002

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Officer retires and wants to continue healthcare coverage

A military officer retires from serving and wants to continue healthcare coverage using a product provided by the military as it is most cost effective.

What condition for elevating the anterior vaginal wall

What condition is the examiner looking for by elevating the anterior vaginal wall and inspecting the posterior vagina while asking the patient to bear down

Define what person-centered care means to you

Define what person-centered care means to you. Describe how you will apply the following principles in your future role as an advanced practice nurse.

What strengths do you observe in the facilitators skills

What strengths do you observe in the facilitator's skills? What group dynamics do you observe, and how does the facilitator manage group dynamics?

Consider a complex health problem or issue routinely

Consider a complex health problem or issue routinely encountered in your practice. Apply social-ecological perspective to consider how to better address

Describe two educational barriers patients face

Describe two educational barriers patients face and the impact of these barriers on health. Discuss two strategies to employ when educating patients in your fut

How individuals covered by a high deductible health plan

Individuals covered by a high deductible health plan within a preferred provider organization use fewer outpatient services and shop around for lower cost

Request for Solution File

Ask an Expert for Answer!!

Financial Management: How much should you charge your professor for winning ticket

Reference No:- TGS03238002

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : Discuss components of effective teams and communication

Q : Explain how we derive dark adaptation curves

Q : Who appoints the ceo and the management team

Q : How to raise successful kids without over parenting

Q : How much should you charge your professor for winning ticket

Q : How interpretation seems to leave nothing important out

Q : How much will you need to save at the end of each of years

Q : What is her annualized hpr before-tax

Q : Implementing appropriate practices with children