Involuntary transfers are the type of transfers used in the case against government.

Answer the following statement true (T) or false (F)

True

Economics

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Suppose you hit a progressive jackpot on a 25-cent Fortunemaker slot machine in a casino in Las Vegas and are given the choice of the following prizes:

Prize 1: $200,000 to be received right away, with four additional payments of $200,000 to be received each year for the next four years. Prize 2: $750,000 to be received right away. If the interest rate is 3 percent, what is the present value of each prize?

Economics

Most municipal bonds are issued in

A) serial maturity form. B) single maturity form. C) convertible form. D) commercial form.

Economics