You Have Won the Local Lottery and Will Receive

question 183

Multiple Choice

You have won the local lottery and will receive $ 1,000 cash each year for three years. If the discounted rate is 5%, what is the present value of this award?

• A) $ 2,590.92
• B) $ 2,723.25
• C) $ 4,579.71
• D) $ 3,150.00

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A set of rules that set out a uniform sentencing policy for individuals and organizations convicted of felonies and serious (Class A) misdemeanors in the United States federal courts system.

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