You just won the lottery, and you have chosen to receive $25,000 per year for the...
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You just won the lottery, and you have chosen to receive $25,000 per year for the next 25 years. If interest rates are currently 4%, what is the current value of the cash flows? You just won the lottery, and you have chosen to receive $25,000 per year for the next 25 years. If interest rates are currently 4%, what is the current value of the cash flows?
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Microeconomics An Intuitive Approach with Calculus
ISBN: 978-0538453257
1st edition
Authors: Thomas Nechyba
Posted Date:
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