Jasonn2137 Jasonn2137

06-10-2022
Business

Answered

a local magazine is offering a $5,000 grand prize to one lucky winner. the prize will be paid in five annual payments of $1,000 each, starting one year after the drawing. how much would this prize be worth to you today if you can earn 8 percent on your money? group of answer choices $3,992.71 $5,000 $4,312.13 $4,823.45 $3,312.13

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