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Mathematics, 10.12.2020 02:00 clara384
20 POINTS PLS HELP!!
Assume a person could choose to receive an ordinary annuity that pays $50,000 per year for
che next 25 years with a 6% interest rate or take a $650,000 lump-sum payment. Which
opportunity will result in a higher overall amount?
A. Payments from Annuity
B. Lump-Sum Payments
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Answers: 3
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20 POINTS PLS HELP!!
Assume a person could choose to receive an ordinary annuity that pays $50,000...
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