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POSITIVE RATINGS WILL ONLY BE GIVEN FOR ANSWERS SHOWING STEP-BY-STEP CALCULATIONS. CLEAR EXCEL FORMAT PREFERRED!! HANDWRITTEN ANSWERS OR, SCREENSHOTS ARE NOT ACCEPTABLE You have won

POSITIVE RATINGS WILL ONLY BE GIVEN FOR ANSWERS SHOWING STEP-BY-STEP CALCULATIONS. CLEAR EXCEL FORMAT PREFERRED!! HANDWRITTEN ANSWERS OR, SCREENSHOTS ARE NOT ACCEPTABLE You have won a contest that will pay you $10,000 a year at the end of each of the next 5 years. Based on a discount rate of 8% per year, what is the annuity worth to you today

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