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16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Shelley wants to cash in her winning lottery ticket. She can either receive eight, $191,000 semiannual payments
16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Shelley wants to cash in her winning lottery ticket. She can either receive eight, $191,000 semiannual payments starting today, or she can receive a single-amount payment today based on a 6% annual interest rate. What is the single-amount payment she can receive today? Multiple Choice $900,966 $1,225,683 $1.380,983 $1,065,725.
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