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Check my work Rita Gonzales won the $38 million lottery. She is to receive $1.1 million a year for the next 25 years plus an
Check my work Rita Gonzales won the $38 million lottery. She is to receive $1.1 million a year for the next 25 years plus an additional lump sum payment of $10.5 million after 25 years. The discount rate is 12 percent. 10 What is the current value of her winnings? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) points Skipped Present value eBook Hint Print References
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