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You win the lottery and must decide how to take the payout. Use a 10% discount rate. What is the present value of $14,000 a

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You win the lottery and must decide how to take the payout. Use a 10% discount rate. What is the present value of $14,000 a year received at the end of each of the next five years? EB (Click the icon to view the present value of $1 table.) EEB (Click the icon to view the present OA. $8,694 value of annuity of $1 table ) B. $53,074 O C. $108,108 O D. $70,000

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