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Everything is the same except '$50,000 a year for 20 years and $650,000 in cash and 5 percent Please show work using Texas Instrument calculator,
Everything is the same except '$50,000 a year for 20 years and $650,000 in cash and 5 percent
Please show work using Texas Instrument calculator, thanks!!
in total principal and interest? 9-14 Dan is the winner of a $1 million state lottery. He is given the choice between $100,000 a year for ten years and $700,000 in cash. The annuity payment starts today. If the interest rate is 12 percent, which would Dan preferStep by Step Solution
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