Business, 15.04.2020 03:40 TeknoDemon7568
You just won $1 million dollars in the lottery! They offer you two options for your winnings: a lump sum payment right now, or $100,000 a year over the next 10 years. Current 10-year interest rates are at 5%, and the current tax on lottery winnings is 40%. What is the amount you will receive today with the lump sum option
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You just won $1 million dollars in the lottery! They offer you two options for your winnings: a lump...
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