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Post subject: What rate of return i built into the annuity?
Posted: Jue Feb 09, 2012 5:21 am
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You just won the state lottery. the state gives yo the choice of $1 million today or a 20 year annuity of $75,000 starting one yer from today (assume both are after taxes). what rate of return is built into he annuity ________________ Annuity
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