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Question: You have just won the state lottery and have two choices for collecting your winnings. You can collect $50,000 today or receive $10,100 per
Question: You have just won the state lottery and have two choices for collecting your winnings. You can collect $50,000 today or receive $10,100 per year for the next seven years. A finanical analyst has told you that you can earn 10% on your investments. Which alternative should you select? **I am totally lost on this question. I don't even know where too start! Please help!
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