Assuming an interest rate of 6 percent how large a payment
You win a million- dollar lottery to be paid out in 20 annual installments of $50,000 over the next 20 years. Assuming an interest rate of 6 percent, how large a payment would you accept today for this future stream of income?
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you win a million- dollar lottery to be paid out in 20 annual installments of 50000 over the next 20 years assuming an
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