Question: Please show all work. You have won a game show prize of a trip to Tahiti in one year valued at $15,000. If instead, you
You have won a game show prize of a trip to Tahiti in one year valued at $15,000. If instead, you are able to take the present value of the trip in cash, how much cash would you want if the rate you can earn is 7.2% annually, compounded annually
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