You have just won the lottery you and your heirs will


Question: You have just won the lottery. You and your heirs will receive $25,000 per year forever, beginning one year from now. What is the present value of this lottery given an 8% discount rate? The answer must be typed, in times new roman font (size 12), and must follow APA format.

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Accounting Basics: You have just won the lottery you and your heirs will
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