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Jose wants to cash in his winning lottery ticket. He can either receive thirteen, $4.,000 annual payments starting today, or he can receive one lump-sum

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Jose wants to cash in his winning lottery ticket. He can either receive thirteen, $4.,000 annual payments starting today, or he can receive one lump-sum payment today based on a 3% annual interest rate. What would be the lump-sum payment? Multiple Choice $43.816 $42.540

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