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please full working out and answer An individual wins a lottery prize of 3,000 payable every 6 months in arrears for 10 years. What is
please full working out and answer
An individual wins a lottery prize of 3,000 payable every 6 months in arrears for 10 years. What is the present value of the cashflow at an effective interest rate of 3.5% per annum? Select one: a $50,2032 b. 50,332.5 c. $51,335.2 d. E53,532.3 Step by Step Solution
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