Suppose you just won the state lottery, and you have a choice between receiving $2,075,000 today or a 20-year annuity of $250,000, with the first payment coming one year from today. What rate of return is built into the annuity? Disregard taxes.© BrainMass Inc. brainmass.com June 3, 2020, 11:51 pm ad1c9bdddf
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