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Business, 29.08.2019 04:30 eldeldenali965

Ajudge denied a 94-year-old woman s attempt to force a lottery commission to pay her $2.96 million winnings up front on the grounds that she otherwise won't live long enough to collect it all. the woman already received an immediate payment of $211,546, and she will receive 10 annual gross checks of $274,846. suppose that she were able to find a buyer who was willing to buy her lottery ticket which means that the buyer would receive 10 annual gross checks of $274,846. if the woman could invest her money from selling the lottery ticket at 5.8% interest, what would be the fair amount to trade her 10 future lottery receipts?

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Ajudge denied a 94-year-old woman s attempt to force a lottery commission to pay her $2.96 million w...
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