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Question 17 John won a lottery that will pay him $620000 at the end of each of the next twenty years. Zebra Finance has offered
Question 17 John won a lottery that will pay him $620000 at the end of each of the next twenty years. Zebra Finance has offered to purchase the payment stream for $9225600. What interest rate (to the nearest percent) was used to determine the amount of the payment? %. 4%. 3%. o 696. LINK TO TEXT
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