Graciela treadwell won a lottery. she will have a choice of receiving $25,000 at the end of each year for the next 30 years, or a lump sum today. if she can earn a return of 10 percent on any investment she makes, what is the minimum amount she should be willing to accept today as a lump-sum payment?
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Home » Business » Graciela treadwell won a lottery. she will have a choice of receiving $25,000 at the end of each year for the next 30 years, or a lump sum today.