You just won the lottery. Congratulations! The jackpot is $60,000,000, paid in seven equal, annual payments. The first payment on the lottery jackpot will be made today. In PV terms, how much did you really win?
You just won the lottery. Congratulations! The jackpot is $60,000,000, paid in seven equal, annual payments. The first payment on the lottery jackpot will be made today. In PV terms, how much did you really win?