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Ben just won the lottery! He could either receive $75,000 today or $1,000,000 in 40 years. At what rate of interest, compounded annually, would Ben
Ben just won the lottery! He could either receive $75,000 today or $1,000,000 in 40 years. At what rate of interest, compounded annually, would Ben be indifferent between accepting the lottery winnings of $75,000 today and investing it on his own
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