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You just won a contest! You will receive $210,000 a year for 5 years, starting today. If you can earn 12 percent on your investments,
You just won a contest! You will receive $210,000 a year for 5 years, starting today. If you can earn 12 percent on your investments, what are your winnings worth today?
A.
$833,333.33
B.
$750,000.00
C.
$847,843.36
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