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Sherry won a lottery of $ 3 0 , 0 0 0 . But this 3 0 , 0 0 0 will be paid in
Sherry won a lottery of $ But this will be paid in three years with per year. The first payment will be made year later from today. Sherry can also choose to receive a lumpsum payment today. The market interest rate is How much will she receive if she chooses to receive a lumpsum payment today?
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