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You just won the grand prize in a national writing contest! As your prize, you will receive $2,000 a month for ten years. If you
You just won the grand prize in a national writing contest! As your prize, you will receive $2,000 a month for ten years. If you can earn 9 percent APR on your money, what is this prize worth to you today? A. $22,221.51 B. $19,199.16 C. $387,028.55 D. $157,883.39 E. $12,835.32
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