Mathematics, 23.10.2021 15:50, agray062103

Shelley wants to cash in her winning lottery ticket. She can either receive eight $100,000 semiannual payments starting today, or she can receive a single-amount payment today based ona 6% annual interest rate. What is the single-amount payment she can receive today that would be equivalent to receiving those 8 payments in the future

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Shelley wants to cash in her winning lottery ticket. She can either receive eight $100,000 semiannua...