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DO all parts of this question, this is ch 9: reporting and interpreting liabilities You have just won the state lottery and have two choices

image text in transcribedDO all parts of this question, this is ch 9: reporting and interpreting liabilities

You have just won the state lottery and have two choices for collecting your winnings. You can collect $ 100,000 today or receive $20,000 at the end of each year for the next seven years. A financial analyst has told you that you can earn 10% on your investments. Which alternative should you select

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