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6) You won a lotto for $1 million! You have a choice of receiving a lump sum of $650,000 or receive $50,000 every year for

6) You won a lotto for $1 million! You have a choice of receiving a lump sum of $650,000 or receive $50,000 every year for the next 20 years. Which option would you choose? The current interest rate is 5%.

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