The Lottery Has a Choice of Two Different Prize Payouts

question 42

Multiple Choice

The lottery has a choice of two different prize payouts.One is to receive a lump sum now; the second is to receive an annual payment of $25,000 a year for the next 40 years starting in one year.If interest rates are 5% the amount of the lump sum that would make you indifferent to the two prizes is closest to?

• A)$66,780
• B)$425,426
• C)$428,977
• D)$1,000,000

Recognize historical and diagnostic evolution of ASD.

Comprehend the impact of intellectual disabilities on children's development and strategies for their management.

Acknowledge various causes and impacts of intellectual disabilities.

Identify the role of genetics and environment in the development of intellectual disabilities and learning disorders.

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Definitions:

Height

A measurement of how tall an individual or structure is, typically recorded in units of feet, inches, meters, or centimeters.

Weight

Weight is a measure of the force exerted on an object due to gravity, often used to indicate the heaviness of an object or person.

Impairs Memory

Impairs memory refers to any condition or factor that detrimentally affects the ability to recall or retain information.

Alcohol

A psychoactive substance found in drinks such as beer, wine, and spirits, known to alter mood and behavior.