Question
You just won the lottery! The payout is $500,000 a year paid at the end of the year for the next 20 years. If you
You just won the lottery! The payout is $500,000 a year paid at the end of the year for the next 20 years. If you took the lump-sum of this annuity today assuming the annuity earns 4% interest, how much would you receive?
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Public Finance Lessons From The Past And Effects On The Future
Authors: Miguel-Angel Galindo Martin
1st Edition
1629481491, 978-1629481494
