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Davidwon a lottery that will pay him $450000at the end of each of the next twenty years. Assuming an appropriate interest rate is6% compounded annually,

Davidwon a lottery that will pay him $450000at the end of each of the next twenty years. Assuming an appropriate interest rate is6% compounded annually, what is the present value of this amount?

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David won a lottery that will pay him $450000 at the end of each of the next twenty years. Assuming an appropriate interest rate is 6% compounded annually, what is the present value of this amount? .A $140310. A $5471151. A $5161464. A $16553516

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