Winners of the powerstate lottery can take 30 million now, Microeconomics

Winners of the powerstate lottery can take 30 million now

Question: Winners of the PowerState Lottery can take $30 million now or payments of $2.5 million year for the next 15 years. These are equivalent at what annual interest rate? The answer is closest to what value? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Microeconomics: Winners of the powerstate lottery can take 30 million now

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Microeconomics: Winners of the powerstate lottery can take 30 million now

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