Congratulations! you have just won the lottery! you now must choose between receiving an immediate payment of $5 million or a $500,000 payment at the end of each year for the next 20 years (a total of $10 million). how much is the recurring $500,000 option worth today? assume the interest rate as 10% .

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

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answer; commerce clearing house;