Hooray You won the lottery, but you have a choice of taking the $20,000 per year for the next 20 years or taking a lump settlement today What would be the minimum amount you would accept today if you decide that 8 is a reasonable discount rate 1) $196,363 2) $400,000 3) $915,239 Hooray You won the...

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A Survey of Mathematics with Applications

ISBN: 978-0134112107

10th edition

Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde

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Posted Date: Sep 11, 2020 08:41 AM

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Hooray! You won the lottery, but you have a choice of taking the $20,000 per year...

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A Survey of Mathematics with Applications

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