jgammage1vg jgammage1vg

10-11-2020
Mathematics

contestada

you just won the grand prize in a national writing contest! as your prize you will receive $500 q month for 50 months. If you can earn 7 percent on your money what is this prize worth today

Respuesta :

darealmarinda123 darealmarinda123

10-11-2020

Answer:

$22,071.39

Step-by-step explanation:

= 500*[(1-0.77928606825)/.005]

= 500*44.14278635

= $22,071.39

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