Business, 17.07.2020 19:01 lovelarissa

You have just won the lottery and will receive $1,000,000 in a one year. You will receive payments for 35 years and the payments will increase by 2.1 percent per year. If the appropriate discount rate is 6.1 percent, what is the present value of your winnings?

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You have just won the lottery and will receive $1,000,000 in a one year. You will receive payments f...