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Assume you won a worldwide lottery that pays $5 million in year 0, $5 million in year 1, and $200,000 in years 5 through 100.
Assume you won a worldwide lottery that pays $5 million in year 0, $5 million in year 1, and $200,000 in years 5 through 100. Assuming that 100 years is as long as infinity, calculate the perpetual equivalent annual worth for years 1 through infinity at an interest rate of 10% per year
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