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D Question 1 1 pts The Wisconsin Lottery will pay a lottery winner a lump sum payment of $18,247,630 as the final payment of her

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D Question 1 1 pts The Wisconsin Lottery will pay a lottery winner a lump sum payment of $18,247,630 as the final payment of her winnings in four years. If the appropriate discount rate for the payment is 7.7% what is the present value of the payment? Question 2 1 pts Assume the total cost of a college education will be $215,040 when your child enters college in 20 years. You presently have $35,162 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child's college education? Enter answer in 3 decimal places (e.g. 0.123)

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