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Celine Dion just won a Name that Tune contest with a grand prize of $230, 000. However, the contest stipulates that the winner will receive

Celine Dion just won a "Name that Tune" contest with a grand prize of $230, 000. However, the contest stipulates that the winner will receive $50, 000 immediately, and the remainder divided equally at the end of each of the next 10 years. Assuming that she can earn 3% on her money, what is the present value of her winnings? What is present value of the winnings

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