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Carol Jenkins, a lottery winner, will receive the following payments over the next seven years. If she can invest her cash flows in a fund

Carol Jenkins, a lottery winner, will receive the following payments over the next seven years. If she can invest her cash flows in a fund that will earn 11.9 percent annually, what is the present value of her winnings

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$427,542

$287,840

$597,757

$261,658

$461,456

$590,897

$362,044

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