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Batool has 2 payment options: a 20-year annuity at $50,000 per year starting after one year or a lump sum of $500,000 today. If the

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Batool has 2 payment options: a 20-year annuity at $50,000 per year starting after one year or a lump sum of $500,000 today. If the required rate of return is 6% per year which plans has the higher present value? Please insert the number by how much is better plan .than the other

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