You have just won the strayer lottery jackpot of $11,000,000. you will be paid in 26 equal annual installments beginning immediately. if you had the money now, you could invest it in an account with a quoted annual interest rate of 9% with monthly interest compounding. what is the present value of the payments you will receive?

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november.