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Business, 07.04.2020 21:37 ImmortalEnigmaYT

Richard won a lottery that will pay him $460000 at the end of each of the next twenty years. Assuming an appropriate interest rate is 8% compounded annually, what is the present value of this amount?

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Richard won a lottery that will pay him $460000 at the end of each of the next twenty years. Assumin...

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