Prizes are often not worth as much as claimed place a

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Prizes are often not "worth" as much as claimed. Place a value on a prize of $5,000,000 which is to be received in equal payments over 20 years, with the first payment beginning today. Assume an interest rate of 7% over the 20 years.

Reference no: EM13477886

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Prizes are often not worth as much as claimed place a : prizes are often not worth as much as claimed. place a value on a prize of 5000000 which is to be received in equal

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Prizes are often not worth as much as claimed place a

Reference no: EM13477886

Reference no: EM13477886

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