Business
Business, 22.02.2020 02:28, panpanriser76

Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 annual payments of $1,000,000.What is the interest rate that makes these two amounts equal?If you can invest at 8% how much would you have after 10 years if you invested the $7,500,000?

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Keenan has won the lottery for $10,000,000. He is offered a cash payment now of $7,500,000, or 10 an...

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