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3. You have just won a big prize that pays you $12,000 per year for the next 20 years, where you receive the first payment
3. You have just won a big prize that pays you $12,000 per year for the next 20 years, where you receive the first payment today. Assuming the interest rate of 6%, calculate the closest value of the present value of your payments? * (1 Point) O A. $240,000 B. $149,639 O C. $145,897.4 O D. $133,897.4
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Journey To Financial Autonomy
Authors: Terry R. Hamman
1st Edition
979-8866617579
