Ashley's television was stolen from her apartment. The television's original cost was $1850. A television loses value at a rate of 15% per year. The television was two years old at the
time it was stolen. She has actual cash value coverage. Her deductible is $100.
How much will the insurance company pay to replace the television?

$1575

$1195

$1850

$100

Winners of the georgia lotto drawing are given the choice of receiving the winning amount divided equally over 2121 years or as a lump-sum cash option amount. the cash option amount is determined by discounting the annual winning payment at 88% over 2121 years. this week the lottery is worth $1616 million to a single winner. what would the cash option payout be?