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Barbara Jones has just won the Lotto. Her prize pays $34400 at the end of each year for 4 years. In addition, she will receive
Barbara Jones has just won the Lotto. Her prize pays $34400 at the end of each year for 4 years. In addition, she will receive a one-time payment of $206400 at the end of 4 years. Using the following factors at 8%, what amount has Barbara really won in the Lotto? (round) to the nearest dollar) $265640 $394743 $378400 $327608
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