Business
Business, 25.02.2020 02:01, Fatimaneedhelp

You have just won the Multiminus−State Lottery . You have the option of receiving a check for $40,000,000 every year at the end of the next 23 years. The lottery commission also allows you the option of receiving a oneminus−time payment of $414,842,358 when you turn in the winning ticket. What is the approximate interest rate that the lottery commission is using to determine the oneminus−time payment?

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You have just won the Multiminus−State Lottery . You have the option of receiving a check for $40,00...

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