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1. Paulo won the lottery. He is offered a series of payments of $100,000 per year for 10 years. What is the present value of

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1. Paulo won the lottery. He is offered a series of payments of $100,000 per year for 10 years. What is the present value of these payments at an interest/discount rate of 6% ? PV=FV=I=N=Pmt= Answer: 2. Keesha's grandmother died and left a trust for her that pays out $2,000 per month for 15 years. If Keesha invests the payments at 8%, what will her future value be? PV=FV=I=N=Pmt=

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