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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 $16,000 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 $16,000 a year received at the end of each of the next five years? A. $60,656 B. $9,936 C. $80,000 A. $60,656 B. 59,936 c. $80,000 D. $123,552

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