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Assume you won a prize and will receive $32,800 for the next 16 years, a. How much is your prize worth now if the interest

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Assume you won a prize and will receive $32,800 for the next 16 years, a. How much is your prize worth now if the interest rate is 17 percent? (Enter your answer as a whole number rounded to 2 decimal places.) 02 b. Should you accept $208,000 now in exchange for the future payments? No Yes

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