Question
Sharon won the lottery and received $140000. She decided she doesn't need the money yet and invests it at j4 = 7%. In 5
Sharon won the lottery and received $140000. She decided she doesn't need the money yet and invests it at j4 = 7%. In 5 years she wants to start taking quarterly payments for 5 years. What is the size of the payment that she can receive? Answer: $
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