Question: - 22) I win a prize at the local state gambling emporium and can claim my winnings in one of two ways. a) $50,000 now

 - 22) I win a prize at the local state gambling

- 22) I win a prize at the local state gambling emporium and can claim my winnings in one of two ways. a) $50,000 now and an additional $50,000 in three years b) $80,000 now At what interest rate are these two methods equivalent

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