Lucky Louie just won the lottery! He has a choice of taking $1,000,000 in cash or receiving $50,000 per year for 30 years beginning at the end of this year. The best way to make this choice is to
A) consult a tax advisor.
B) consult an oracle.
C) calculate the future value of the annuity payments.
D) calculate the present value of the annuity payments.
Answer: D
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The manager of which of the following centers has the authority to open new stores or close existing ones?
A) cost center B) profit center C) investment center D) revenue center
Each salesperson has the responsibility for a set group of customers. This group of customers is referred to as the salesperson's ________
A) buying center B) selling center C) sales team D) sales territory E) key account
The three major forms for documenting the ideas, information, and quotations of other people in a report are endnotes, footnotes, or author-date references
Indicate whether the statement is true or false
Because of service perishability, it is difficult to price services in a manner that takes into account fluctuations in demand.
Answer the following statement true (T) or false (F)