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Business, 13.07.2019 04:10 rileigh2302

Felicie lucas has just won the state lottery and has the following three payout options for afterminustax prize money: 1. $ 166 comma 000 per year at the end of each of the next six years 2. $ 308 comma 000 (lump sum) now 3. $ 510 comma 000 (lump sum) six years from now the annual discount rate is 9%. compute the present value of the first option

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