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The Florida lottery agrees to pay the winner $272,000 at the end of each year for the next 20 years. What is the future value
The Florida lottery agrees to pay the winner $272,000 at the end of each year for the next 20 years. What is the future value of this prize if each payment is put in an account earning 0.10?
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Cost management a strategic approach
Authors: Edward J. Blocher, David E. Stout, Gary Cokins
5th edition
978-0073526942
