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You have won the lotto; you are promised to receive $75000 per month for the...

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You have won the lotto; you are promised to receive $75000 per month for the next 20 years of 18,000,000. What single deposit should the lottery commission make now from you. Assume that annual rate of 8.4%. compounded monthly 8,700,700.36 $9,705,700.36 8,705,700.36 10,705,700.36

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