FINANCE 3290- Graciela Treadwell won a lottery.
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FINANCE 3290- Graciela Treadwell won a lottery. Graciela Treadwell won a lottery. She will have a choice of receiving $25,000 at the end of each year for the next 30 years, or a lump sum today. If she can earn a return of 10 percent on any investment she makes, what is the minimum amount she should be willing to accept today as a lump-sum payment? (Round to the nearest hundred dollars.)a. $235,700b. $750,000c. $334,600d. $212,400