If you took the lump sum payment how much money would you


You win the lottery! You have a choice of either receiving $275,000 today, or $20,000 at the end of each of the next 20 years. If you took the lump sum payment, how much money would you be sacrificing assuming an APR discount rate of 2.8%? This involves comparing the PV of each option.

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Financial Management: If you took the lump sum payment how much money would you
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