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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?

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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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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