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pirex pirex
wrote...
Posts: 634
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"?
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 117 times
1 Reply
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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Posts: 404
Rep: 2 0
6 years ago
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