Time value of money problems, Finance Basics

if you won the publisher''s clearing house $10 million prize (payable as 30 pmts of $250,000 and $2.5m in yr. 30) and could invest the money at 8%, would you accept an offer of $3.5 million payable today?
Posted Date: 9/9/2012 8:45:32 PM | Location : United States







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