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After winning a lawsuit, Lena is given a choice between two payouts: Option A: A single lump-sum payment of one million dollars. Option B: A
After winning a lawsuit, Lena is given a choice between two payouts: Option A: A single lump-sum payment of one million dollars. Option B: A continuous income stream of two hundred thousand dollars per year, lasting 10 years. Lena estimates that she can invest the winnings (from either option) and earn 6% annual interest, compounded continuously. Which option will give her more money after 10 years?
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