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Please answer 4. You won the New York Get Rich Quick Lottery, and you must decide if A) You take the lump sum of $25
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4. You won the New York Get Rich Quick Lottery, and you must decide if A) You take the lump sum of $25 million now or B) a payment of $2,000,000 per year for 20 years. a. If you can reliably earn 3% per year, which option is better? b. If you can reliably earn 6% per year, which option is better Step by Step Solution
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