Future Value Problems

Finance Unit – Exercise 2. Present Value Problems. 1. The lottery “deception.” Last week, Bubba won the Powerball lottery game – for $75 million. Bubba comes to you for advice. He has a choice of receiving his award in one of two ways: (1) $3 million a year for the next twenty-five years or (2) an immediate payment of $35 million. ................
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