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Business, 23.07.2019 09:00 aeverettpdzrvo

Present value computation kerry bales won the state lottery and was given four choices for receiving her winnings. receive $400,000 right now. receive $432,000 in one year. receive $40,000 at the end of each year for 20 years. receive $36,000 at the end of each year for 30 years. assuming kerry can earn interest of 8% compounded annually, which option should kerry choose?

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Present value computation kerry bales won the state lottery and was given four choices for receiving...
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