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The Florida lottery agrees to pay the winner $284,000 at the end of each year for the next 20 years. What is the future value
The Florida lottery agrees to pay the winner $284,000 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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Financial Statement Analysis
Authors: Charles H. Gibson
13th International Edition
1133189407, 9781133189404
