Mathematics, 04.07.2019 04:50, Domi0129
You have just won the lottery and will receive $1,000,000 in one year. you will receive payments for 30 years, and the payments will increase 3 percent per year. if the appropriate discount rate is 7 percent, what is the present value of your winnings?
Answers: 1
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You have just won the lottery and will receive $1,000,000 in one year. you will receive payments for...
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