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Present and future value tables of $ 1 at 3 % are presented below: N FV $ 1 PV $ 1 FVA $ 1 PVA
Present and future value tables of $ at are presented below:
N FV $ PV $ FVA $ PVA $ FVAD $ PVAD $
Shelley wants to cash in her winning lottery ticket. She can either receive ten, $ semiannual payments starting today, or she can receive a singleamount payment today based on a annual interest rate. What is the singleamount payment she can receive today?
A $
B $
C $
D $
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