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pirex pirex
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Posts: 634
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6 years ago
A state lottery has a Million Dollar Lottery game that pays $1,000 a week for life. Assuming a 6% nominal rate of interest and generously assuming an infinite lifetime, can this game be called a "Million Dollar Lottery"?
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Microeconomics

Microeconomics


Edition: 6th
Author:
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And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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ChronosChronos
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#1
Posts: 404
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6 years ago
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pirex Author
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6 years ago
Good timing, thanks!
sleinhi
wrote...

Yesterday
Helped a lot
Turboturner
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2 hours ago
You make an excellent tutor!
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