sumitsoni240592

suppose you win the publishers clearinghouse $10 million sweepstakes. the money is paid in equal annual installments of $333,333.33 over 30 years. if the appropriate discount rate is 5%, how much is the sweepstakes actually worth today?

1. Discuss bureaucracy and administration
   
   
   

Q :  

Which of the following concepts implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of wellbeing?

(A) Gross Domestic Product

(B) Gross National Product

(C) Gross National Happiness

(D) Net National Product

Q :  

Who was made the Nawab of Bengal following the Battle of Plassey?

(A) Mir Jafar

(B) Alivardi Khan

(C) Sirajuddaulah

(D) Mir Qasim

A 10-year, 12%, $1000 bond that pays dividends quarterly can be purchased for $900. If the bond is purchased and pays as scheduled, calculate the nominal and the effective rate of return that the purchaser receives.

Thirty-nine percent of U.S. adults have very little confidence in newspapers. You randomly select ten U.S. adults. Find the probability that the number who have very little confidence in newspapers is (a) exactly seven and (b) exactly four.

A 10-year, 11.00%, $5,000 bond that pays dividends quarterly can be purchased for $4,551.

This means that $4,551 is spent on the bond now. Every quarter, $137.50 is provided to the purchaser as the dividend.
After 10 years, $5,000 is given to the purchaser.

If the bond is purchased and pays as scheduled, which of the following ranges of effective rate of return will the purchaser receive?

how can 9^k(5^1-k) be rewritten as 9(9/5)^k-1. i am looking for the steps in between to get this final answer