Mathematics, 20.04.2021 15:00, feyundre52

You have just won the state lottery and have two choices for collecting your winnings. You can collect $108,000 today or receive $21,300 at the end of each year for the next seven years. A financial analyst has told you that you can earn 9% on your investment What would be option 2 in present value ?

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You have just won the state lottery and have two choices for collecting your winnings. You can colle...