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you win a 20 million lottery. when you go to collect your money you find out the 20 million will be paid with 10 annual
you win a 20 million lottery. when you go to collect your money you find out the 20 million will be paid with 10 annual payments of 2 million starting today. what is the real value of your prize in today's dollars, assuming that you can earn 9% compounded annually?
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