Question: Lucky Larry wins $ 4 , 0 0 0 , 0 0 0 in a state lottery. The standard way in which the state pays
Lucky Larry wins $ in a state lottery. The standard way in which the state pays such lottery winnings is at a constant rate of $ per year for years. Round your answer to the nearest $
If Lucky invests each payment from the state at compounded continuously, what is the accumulated future value of the income stream?
$
What is the accumulated present value of the income stream at compounded continuously? This amount represents what the state could pay as a "lump sum" payment
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