Margaret will receive an insurance settlement of $3,000,000 in five years. Randall is willing to give her a lump sum today in return for the payment in five years. If current interest rates are 12% per year, how much will Margaret receive today?
A. $960,637
B. $1,702,281
C. $1,116,790
D. $1,800,000
Answer: B
You might also like to view...
Solve the problem. Refer to the table if necessary. src="https://sciemce.com/media/4/ppg__ttttt0611190833__f1q42g5.jpg" alt="" style="vertical-align: -4.0px;" /> Find her gross income.
A. $44,771
B. $51,921
C. $33,555
D. $48,346
Carla earned wages of 
received 
in interest from a savings account, and contributed 
to a tax deferred retirement plan. She was entitled to a personal exemption of $4050 and had deductions totaling
Simplify the expression.sin 8x cos 8x
A. cos 4x
B. 2 sin 4x
C. cos 8x
D. 
sin 16x
Complete the identity.1 - cos (2?) + cos (6?) - cos (8?) = ?
A. 4 sin ? cos (3?) sin (4?) B. 4 cos ? cos (3?) sin (4?) C. 4 cos ? cos (3?) cos (4?) D. 4 sin ? sin (3?) sin (4?)
Which developmental perspective focuses on the neurological processes that underlie thinking, problem solving, and cognition?
A. neo-Piagetian B. behavioral C. information processing D. cognitive neuroscience