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Jack won the lottery and will receive 13 annual payments of $9000. The interest rate is 5% per year and assume the first payment is
Jack won the lottery and will receive 13 annual payments of $9000. The interest rate is 5% per year and assume the first payment is received 3 years from today. Find the present value of Jack's winnings.
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The Socionomic Theory Of Finance
Authors: Robert R. Prechter
1st Edition
0977611256, 978-0977611256
