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Your friend wins the lottery and must choose between $ 3 5 , 0 0 0 annually for 1 0 years or a lump sum

Your friend wins the lottery and must choose between $35,000 annually for 10 years or a lump sum today. The lottery applies a 15 percent discount rate. What is the lump sum amount?
a) $312,967
b) $316,426
c) $175,656
d) $1,000,000
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