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Business, 28.11.2019 03:31 tursunovarukhshona

Mary alice just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $420,000 per year for 25 years beginning today, or receiving one lump-sum amount today. mary alice can earn 6% investing this money. at what lump-sum payment amount would she be indifferent between the two alternatives? (fv of $1, pv of $1, fva of $1, pva of $1, fvad of $1 and pvad of $1) (use appropriate factor(s) from the tables provided and round final answer to nearest whole dollar amount.)

$5,369,011

$6,111,151

$5,691,151

$10,500,000

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Answers: 1

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