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A major lottery advertises that is pays the winner 10 million. However, this prize money is paid at the rate of 500,000 each year (with

A major lottery advertises that is pays the winner 10 million. However, this prize money is paid at the rate of 500,000 each year (with the first payment being immediate) for a total of 20 payments. What is the present value of this prize at 10% interest?

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