Question: pls show work Question 3 0/2.5 pts You won the lottery! You are considering whether or not to accept a lump sum amount or an
pls show work
Question 3 0/2.5 pts You won the lottery! You are considering whether or not to accept a lump sum amount or an annual annuity of $ 102,060 to be received at the end of every year for twenty years. Use 15% as the annual discount rate. How much is the stream of payments worth now? Round your answer to the nearest whole number, You Answered 102,059 Correct Answer 638,827
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