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You just won the lottery and have two choices for how you will collect your money. You can collect $100,000 today or receive $20,000 per year for the next seven years. A financial analyst has told you
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You just won the lottery and have two choices for how you will collect your money. You can collect $100,000 today or receive $20,000 per year for the next seven years. A financial analyst has told you that you can earn 10% on your investments. Which alternative should you select?

User Roberto Murguia
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Answer:

Please see attachment

Step-by-step explanation:

Please see attachment

You just won the lottery and have two choices for how you will collect your money-example-1
You just won the lottery and have two choices for how you will collect your money-example-2
User MonkeyUser
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