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Future Value of Annuity. Jesse has just learned that she won $1 million in her state lottery.

01 / 10 / 2021 Research Papers

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Future Value of Annuity. Jesse has just learned that she won $1 million in her state lottery. She 1 answer below » Future Value of Annuity. Jesse has just learned that she won $1 million in her state lottery. She has the choice of receiving a lump-sum payment of $312,950 or $50,000 per year for the next 20 years. Jesse can invest the lump sum at 8%, or she can invest the annual payments at 6%. Which should she choose for the greatest return after 20 years? Aug 21 2015 06:37 PM



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