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Congratulations! You ve just won the lottery, Your two options are: 1. Take $60,000 today. 2. Take $14.000 at the end of every year, for

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Congratulations! You ve just won the lottery, Your two options are: 1. Take $60,000 today. 2. Take $14.000 at the end of every year, for next sio years, assuming a discount rate of 12%. Which option are you better off choosing and by how much in todays dollars fuse the appropriate factor table and round to the nearest dollar)? Option 1 by $2.440 Option 2 by $2.440 Option 2 by $24,000 Option 1 by $24,000 None of the above

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