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Business, 26.12.2019 05:31 gennhill14

Rita gonzales won the $62 million lottery. she is to receive $2.8 million a year for the next 20 years plus an additional lump sum payment of $6 million after 20 years. the discount rate is 14 percent. what is the current value of her winnings?

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Rita gonzales won the $62 million lottery. she is to receive $2.8 million a year for the next 20 yea...
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