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A lottery claims its grand prize is $15 million, payable over 5 years at $3,000,000 per year. If the first payment is made immediately, what

A lottery claims its grand prize is $15 million, payable over 5 years at $3,000,000 per year. If the first payment is made immediately, what is this grand prize really worth? Use an interest rate of 8% (What is the real value of grand prize?)

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