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Mathematics, 09.09.2019 21:30 xoxoadara13ox07ck

Marilyn has just won some money on a game show! she has the option to take a lump sum payment of $350,000 now or get paid an annuity of $3,200 at the beginning of each month for the next 10 years. assuming the growth rate of the economy is 1.8% compounding annually over the next 10 years, which is the better deal for marilyn and by how much?

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