vbmnb5063 vbmnb5063

09-03-2022
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You just won the lottery, which promises you $440,000 per year for the next 20 years. You receive the first payment today (hint: annuity due). If your discount rate is 9.00%, what is the present value of your winnings?

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laxbro2007 laxbro2007

09-03-2022

Answer:

You sell the money for more

Explanation:

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