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Lottery Monthly PV You just won the lottery! As your prize you will recelve $ 1 , 7 2 0 a month for 3 5

Lottery Monthly PV

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

1, 720

a month for

350

months. If you can earn

12 %

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

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