How much money will result from investing $1000 annually for 10 years?
1. How much money will result from investing $1000 annually for 10 years?
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3. If $10,000 is invested now, how much money can be withdrawn over a 5 year period?
4. If you won a sweepstakes for $100,000, should you receive the winnings up front in cash ($100,000) or accept annual payment of $12,000 for 15 years?
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