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1 pts Lorraine Jackson won a lottery. She will have a choice of receiving an annuity of $40,000 at the end of each year for

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1 pts Lorraine Jackson won a lottery. She will have a choice of receiving an annuity of $40,000 at the end of each year for the next 30 years, or a lump sum of $350,000 today. If she can earn a return of 9 percent on any investment she makes, what should she do? Take the annuity because its value is more than $350,000. Take the lump sum because its value is less than the annuity's value. Take the annuity because its value is less than $350,000. Take the lump sum because its value is more than the annuity's value

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