A State Lottery Commission ran the following advertisement: The Lotto jackpot for this month's drawing is...
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A State Lottery Commission ran the following advertisement: The Lotto jackpot for this month's drawing is $10 million, which will be paid out to the winning ticket in equal installments at the end of each year over the next 20 years. Do you agree that the lottery winner has won $10 million? If not, what amount is more accurate? State any assumptions you make A State Lottery Commission ran the following advertisement: The Lotto jackpot for this month's drawing is $10 million, which will be paid out to the winning ticket in equal installments at the end of each year over the next 20 years. Do you agree that the lottery winner has won $10 million? If not, what amount is more accurate? State any assumptions you make
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