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Business, 07.04.2020 15:48 aletadaboss

Lotta Dough just won the state lottery and has elected to receive $50,000 per year for 20 years in the form of an annuity due. What is the present value of this stream of payments if money can earn 7 percent annual interest?

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Lotta Dough just won the state lottery and has elected to receive $50,000 per year for 20 years in t...
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