Business
Business, 12.05.2021 02:00, eternelle1182

Lando Calrissian just won the lottery and is trying to decide between the options of receiving the annual cash flow payment option of $330,000 per year for 25 years beginning today, or receiving one lump-sum amount today. Lando can earn 4% investing this money. At what lump-sum payment amount would he be indifferent between the two alternatives

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Lando Calrissian just won the lottery and is trying to decide between the options of receiving the a...

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