Curated by
ACT
This example of a person winning $1 million is examined as if he were paid the entire amount all at once, or given $100,000 over the course of 10 years. This example looks at inflation, the present value of money, and the future value of money.
3 Views
0 Downloads
Concepts
Additional Tags
Classroom Considerations
- Knovation Readability Score: 2 (1 low difficulty, 5 high difficulty)
- This resource is only available on an unencrypted HTTP website.It should be fine for general use, but don’t use it to share any personally identifiable information