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3 P6-37 Growing Annuity [LO1] You have just won the lottery and will receive $620,000 in one year. You will receive payments for 18 years,

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3 P6-37 Growing Annuity [LO1] You have just won the lottery and will receive $620,000 in one year. You will receive payments for 18 years, and the payments will increase 3 percent per year. If the appropriate discount rate is 10 percent, what is the present value of your winnings? 10 points 00:37:33

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