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1 3 ) You have just received notification that you have won the $ 4 . 5 million first prize in the Centennial Lottery. However,

13) You have just received notification that you have won the $4.5 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday ( assuming you're around to collect),69 years from now. What is the present value of your windfall if the appropriate discount rate is 7 percent?
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$41,395.96
$38,861.51
$43,085.59
$114,289.30
$42,240.77
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