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Jia has just won a $20 million lottery, which will pay her $1 million at the end of year for 20

01 / 10 / 2021 Research Papers

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Jia has just won a $20 million lottery, which will pay her $1 million at the end of year for 20… 1 answer below » Jia has just won a $20 million lottery, which will pay her $1 million at the end of year for 20 years. An investor has offered her $10 million for this annuity. She estimates that she can earn 10 percent interest, compounded annually, on any amounts she invest. She ask your advice on whether to accept or reject the offer. What will you tell her? ( Ignore taxes) Dec 24 2015 09:25 PM



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