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A lottery winner will receive $2 million at the end of each of the next twelve years. What is the future value (FV) of her

A lottery winner will receive

$2

million at the end of each of the next

twelve

years. What is the future value (FV) of her winnings at the time of her final payment, given that the interest rate is

8.3%

per year?

image text in transcribed

A lottery winner will receive $2 million at the end of each of the next twelve years. What is the future value (FV) of her winnings at the time of her final payment, given that the interest rate is 8.3% per year? O A. $61.82 million OB. $30.91 million O C. $38.64 million OD. $54.10 million Click to select your

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