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Posted on Sep 07, 2024

Lottery Monthly PV ( due ) You just won the lottery! As your prize you will recelve $ 9 , 8 8 0 a month

Lottery Monthly PV

(

due

)

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

9, 880

a month for

249

months sterting today. If you can earn

12 %

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

Numerlc Response

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