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Lottery Monthly PV ( due ) You just won the lottery! As your prize you will receive $ 4 , 3 4 0 a month

Lottery Monthly PV

(

due

)

You just won the lottery! As your prize you will receive $

4, 340

a month for

169

months starting today. If you can earn

14 %

APR, compounded monthly, on your money, what is this prize worth to you today?

Numeric Response

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