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Assume you won a prize and will recelve $29,000 for the next 9 years. a. How much is your prize worth now if the interest

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Assume you won a prize and will recelve $29,000 for the next 9 years. a. How much is your prize worth now if the interest rate is 12 percent? (Enter your answer as a whole number founded to 2 decimal places.) b. Should you accept $165,000 now in exchange for the future payments? No Yes

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