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QUESTION 21 Congratulations, your investment in lottery tickets finally paid off. You are going to receive $18,000 per year for twenty-five years. The discount rate

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QUESTION 21 Congratulations, your investment in lottery tickets finally paid off. You are going to receive $18,000 per year for twenty-five years. The discount rate is 3.7% and you will receive payments at the end of each year. What is the present value of this winning ticket

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