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The Florida lottery agrees to pay the winner $277,000 at the end of each year for the next 20 years. What is the future value
The Florida lottery agrees to pay the winner $277,000 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 0.07?
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Bond Markets Analysis And Strategies
Authors: Frank J. Fabozzi
4th Edition
0130402664, 9780130402660
