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help Current Attempt in Progress x Your answer is incorrect. Suppose you have a winning lottery ticket and you are given the option of accepting
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Current Attempt in Progress x Your answer is incorrect. Suppose you have a winning lottery ticket and you are given the option of accepting $4100000 three years from now or taking the present value of the 54100000 now. The sponsor of the prize uses a 7% discount rate. If you elect to receive the present value of the prize now, the amount you will receive is O $3346830 $3419490. $3497970 O $4100000 * Your answer is incorrect. If Windsor invests $12043.06 now and she will receive $26000 at the end of 10 years, what annual rate of interest will she be earning on her investment? O 6% 6.50% O 7% O 8%
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