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g . A college student is reported in the newspaper as having won $ 8 , 0 0 0 , 0 0 0 in the

g. A college student is reported in the newspaper as having won $8,000,000 in the Kansas State Lottery. However, as is often the custom with lotteries, she does not actually receive the entire $8 million now. Instead she will receive $400,000 at the end of the year for each of the next 20 years. If the annual interest rate is 6%, what is the present value (todays amount) that she won? (ignore taxes).(Round your answer to nearest whole dollar.)

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