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Caroline Friedrich won the lottery! She will have a choice of receiving $25,000 at the end of each year for the next 27 years or

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Caroline Friedrich won the lottery! She will have a choice of receiving $25,000 at the end of each year for the next 27 years or a lump sum today. If she can earn 9% on her investments, what is the least she should be willing to accept today as a lump sum payment? (Round to the nearest dollar.)

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