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A lottery winner will receive $1 million at the end of each of the next 20 years. What is the future value (FV) of her

A lottery winner will receive $1 million at the end of each of the next 20 years. What is the future value (FV) of her winnings at the time of her final payment if interest rate is 3% per year?

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a.)$26.87 million b) $25.11 million c) $27.14 million d) $ 25.35 million

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