Business, 03.07.2020 01:01 keepcalmands2930

oe Smith, age 75, from Vienna, IL has the winning Powerball lottery numbers which will pay out $13 million at the beginning of each of the next 30 years (reported prize of $390 million). Before claiming his prize, Trusty Insurance Company offers Joe $200 million today in exchange for his winning lottery ticket and prize payout. What rate of return would Trusty Insurance earn if Joe accepts their offer?

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oe Smith, age 75, from Vienna, IL has the winning Powerball lottery numbers which will pay out $13 m...

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