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Your dream of becoming rich has just come true you have won the state of tranquillities lottery the state offers you two payment plans for
Your dream of becoming rich has just come true you have won the state of tranquillities lottery the state offers you two payment plans for the $ million jackpot you can take annual payments of for the next years or $ today if your investment rate over the next years is which payoff will you choose if your investment rate the next years is which payoff would you choose at what investment rate will the annuity stream of be the same as the lump sum payment of
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