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I need to know exactly what to type into the financial calculator!! Your friend just won the lottery. He has a choice of receiving $76,790

I need to know exactly what to type into the financial calculator!!

Your friend just won the lottery. He has a choice of receiving $76,790 a year for the next

10 years or a lump sum today. The lottery uses a 15% discount rate. What would be the lump sum your friend would receive?

Answer: $385,391.24

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