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Present and future value tables of $1 a 3 are presented below. PRO 1 jose wants to cash in his winning lottery ticket. He can

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Present and future value tables of $1 a 3 are presented below. PRO 1 jose wants to cash in his winning lottery ticket. He can either receive twelve, 18.000 annual payments starting today, or he can receive one lump sum payment today based on a 3 annual interest rate. What would be the lump sum payment? 582021 577,911 $80,000

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