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Kurt won a lottery and will receive $10,000 per year for the next 30 years. The value of his winnings today discounted at his discount

Kurt won a lottery and will receive $10,000 per year for the next 30 years. The value of his winnings today discounted at his discount rate is called which one of the following? None of these are correct. Net future value. Compound value. Present value. Future value

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