Question: Please show work and steps on how problem was solved. Thank you, will rate thumbs up. For numeric answers, unless instructed otherwise, enter dollar values
For numeric answers, unless instructed otherwise, enter dollar values to the nearest cent (two decimal places) and enter rates as percentages, also with two decimal places (or you may lose points). Do not include dollar signs or commas. For units, abbreviate dollars as $, percent as %, years as yy and times as X. Question 3 (2 points) Congratulations! You have just won the lottery. You may choose one of the following prizes: . . $10,000 per year forever, beginning in one year. $16,000 per year for ten years, beginning in one year. $15,000 per year for ten years, beginning today. $60,000 today and another $60,000 five years from today. $86,000 today.. . If your opportunity cost is 17.00 percent, the best choice is worth: Your Answer: Answer units
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