You've won a radio contest that gives you $500 of free gas per year for the next 20 years. What is the value of this prize at a 6% interest rate? Would this prize be more or less valuable at a 10% interest rate?

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The Answer of You've won a radio contest that gives you $500 of free gas per year for the next 20 years. What is the value of this prize at a 6% interest rate? Would this prize be more or less valuable at a 10% interest rate?

You've Won a Radio Contest That Gives You $500 of Free