Business, 05.03.2020 18:55 mcdowelle360

You just won the lottery and the lottery commission will either give you $6 million as a lump sum, or 20 equal, annual payments of $500,000. Assume an interest rate of 6% per year, compounded annually. What should you do

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You just won the lottery and the lottery commission will either give you $6 million as a lump sum, o...