Multiple Choice
If Lucky Louie won a lottery and chose to take $10,000,000 ten years from now (disregarding taxes) , what would be the equivalent amount today, at 6% per annum?
A) $5,743,491
B) $5,583,948
C) $6,050,972
D) Not enough information is provided to solve the problem.
Correct Answer:
Verified
Correct Answer:
Verified
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