If You Won the Lottery and Were Offered to Receive

question 9

Multiple Choice

If you won the lottery and were offered to receive $25,000 a year from now, and $25,000 two years from now, or to receive an alternate sum today, given that the interest rate is 5%, how much would you expect to receive today:

• A) $46,485
• B) $45,750
• C) $43,946
• D) $55,000

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Definitions:

Malnourished

A condition resulting from not consuming enough nutrients, leading to health problems such as stunted growth, weakness, and impaired immune function.

Developing Countries

Nations with a lower living standard, underdeveloped industrial base, and low Human Development Index relative to other countries.

Anemia

A medical condition characterized by a deficiency of red blood cells or hemoglobin in the blood, leading to fatigue and weakness.

Iron Deficiency

A condition resulting from inadequate levels of iron in the body, leading to anemia and other health issues such as fatigue and impaired immunity.