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2.A lottery claims its grand prize is $20 million, payable over 40 years at $2,000,000 per year. If the first payment is made immediately, what

2.A lottery claims its grand prize is $20 million, payable over 40 years at $2,000,000 per year. If the first payment is made immediately, what is the grand prize worth? Use an interest rate of 12%

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