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Sam just won a lottery. This lottery will pay like an annuity due so that he will get $10,000 each year for 5 years. The

Sam just won a lottery. This lottery will pay like an annuity due so that he will get $10,000 each year for 5 years. The first payment will start today, and the interest rate is 10%. What is the worth of this lottery today?

Select one:

a. $37,908

b. $43,045

c. $50,000

d. $41,699

e. $90,000

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