Annuity or lump sum? Calculating how much a $ billion

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Suppose that Eric just wan the lottery and must choose between three award options: 1 A lump sum of $$ 25,000,000$ recelved today 2 15 end-of

However, there are two ways to get paid the lottery winnings: lump sum or annuity To figure that out, the present value formula must be used to calculate Here's an idea of what you'll owe the IRS in taxes if you should win TABLE OF CONTENTS Choosing the lump sum payout vs the annuity option; You

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