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Mathematics, 06.07.2021 01:00 luna163

You've just won the lottery! The prize is $20,000,000, payable in twenty equal, annual installments. If you require 6.5% from your investments, how much money in PV dollars have you actually won?

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You've just won the lottery! The prize is $20,000,000, payable in twenty equal, annual installments....

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