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please help!! Present Value of an Annuity On January 1. you win $5,500,000 in the state lottery. The $5,500,000 prize will be paid in equal

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Present Value of an Annuity On January 1. you win $5,500,000 in the state lottery. The $5,500,000 prize will be paid in equal installments of $550,000 over 10 years. The payments will be made on December 31 of each year, beginning on December 31 of the current year. If the current Interest rate is 6%, determine the present value of your winnings. Use present value table. Round to the nearest whole dollar

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