Question: Please provide all the steps. will upvote! Alysha has just won a lottery. She will receive a payment of $3,600 at the end of each

Please provide all the steps. will upvote!

Alysha has just won a lottery. She will receive a payment of $3,600 at the end of each year for 9 years. As an alternative, she can choose an immediate payment of $30,000. Which alternative should she pick if the interest rate is 4 percent? Alysha should pick eTextbook and Medi. What would the interest rate have to be for Alysha to be indifferent about the two alternatives? (Round answer to 4 decimal places, e.g. 25.2341%. Do not round your intermediate calculations.) Interest rate %

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