Savannah has just won the state lottery She will receive seven equal annual payments of $15,000, beginning one year from today Assuming an 7 interest rate compounded annually, the present value of those receipts today is O s100,651 O S80,839 O $109,703 O $103,000 Savannah has just won the state lo...

b 80839 Workings Present value of the 7 installments7 interest ra ...

Savannah has just won the state lottery. She will receive seven equal annual payments of $15,000,...

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Savannah has just won the state lottery. She will receive seven equal annual payments of $15,000,...

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Financial Accounting

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