Your Girlfriend Just Won the Florida Lottery

question 128

Multiple Choice

Your girlfriend just won the Florida lottery.She has the choice of $15,900,000 today or a 20-year annuity of $1,050,000,with the first payment coming one year from today.What rate of return is built into the annuity? Disregard taxes.

• A) 3.23%
• B) 2.84%
• C) 2.16%
• D) 2.81%
• E) 2.28%

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Definitions:

Self-Actualization

Bringing to fruition one's inherent talents and possibilities, viewed as a basic hunger or impulse present in everyone.

Kinsey Reports

Pioneering studies on human sexual behavior published by Alfred Kinsey and his team in the mid-20th century.

Masters And Johnson

Pioneering sexologists who conducted research into the nature of human sexual response and the diagnosis and treatment of sexual disorders and dysfunctions.

Schachter And Singer's

Referring to the Schachter-Singer theory of emotion, which suggests that emotions are determined by physiological arousal and cognitive labeling of the reason for this arousal.