Quiz Ch 05 – Time Value of Money

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Hayley has won a lottery and will receive $1,000 per year for the next 30 years. What is the current value of her winnings called?

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  • Search Terms: a) $, a amount. b) amount. e) and called compounded current each for future hayley is lottery next of present receive simple single the the: these value value. value. c) value. d) will winnings won year years.
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