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Question 10 (1 point) If Sally has won the lottery, and expects to receive $1,200.00 each month for the next 20 years, how much is
Question 10 (1 point) If Sally has won the lottery, and expects to receive $1,200.00 each month for the next 20 years, how much is that worth to her today if she discounts it by 6% compounded monthly? 1) $164,974 2) $165,315 3) $166,059 4) $167,497 5) $168,395
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