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Business, 18.12.2020 05:50 jaidyn3mccoy6
A lottery winner wins the One Million Dollar Prize. After winning, she finds out that the payments are actually made annually over the next 15 years in installments of $50,000 each for each of the first 10 years, and $100,000 each for each of the next 5 years. What is the value of the prize today, if ROI is 9%
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A lottery winner wins the One Million Dollar Prize. After winning, she finds out that the payments a...
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