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You may have heard that a dollar today is worth more than a dollar tomorrow. In light of what you learned about the concept and

You may have heard that a dollar today is worth more than a dollar tomorrow. In light of what you learned about the concept and application of annuities, what advice would you offer to a current winner of the lottery regarding the option they should use in determining whether to accept a lump sum payment or the annual payment from the lottery commission? Why or why not ?

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