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Sorry, you are incond Answers your response(s) are shown below followed by the correct ans) aus has just won the Wait To Spend lottery Specifically
Sorry, you are incond Answers your response(s) are shown below followed by the correct ans) aus has just won the "Wait To Spend lottery Specifically Linus has won the sum amount of $2500 but he must want the end of 10 years to receive the money Linus is in need of cash and would rather recowe a different pattern of payments S275 today and then receive some unknown LUMP SUM e on me amount that will be received in 10 years Using an interest rate of 12.50%, determine the unknown lump sum mount that would make the present value of both sequvalent
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