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Phillippe Has Just Won the Lottery

Question 76

Multiple Choice

Phillippe has just won the lottery. He celebrates his winnings by vowing to spend $1000 per day and not investing any of it.By the third year after his win,he is out of money.According to the textbook,how much did he win?


A) $100 000
B) $750 000
C) $1 000 000
D) $1 750 000

Correct Answer:

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