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Posted on Oct 19, 2024

LO 1 5 . 3 Annuity Present Values Ir - State Iviegaducks Lottery advertises a $ 1 0 million grand prize. The winner receives $

1 5.3

Annuity Present Values Ir

-

State Iviegaducks

Lottery advertises a $

10

million grand prize. The

winner receives $

500, 000

today and

19

annual

payments of $

500, 000 .

A lump

-

sum option of $

5

million payable immediately is also available. Is

this deceptive advertising?

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