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Please show the formula for each boxes ! 1. You just won the Virginia lottery. To receive your winnings, you must select only one of

image text in transcribedPlease show the formula for each boxes !

1. You just won the Virginia lottery. To receive your winnings, you must select only one of the following choices: (2 points) 1. You receive $1,000,000 a year at the end of each of the next 20 years 2. You receive $12,890,000 at the end of the second year 3. You can receive a one-time payment of $11,470,000 today. Assuming that the current interest rate is 6%. Which option is most valuable? Show the formulas in the orange section referencing the cells in turquoise. Make the calculations in the turquoise cells. 11,470,000 PMT Rate No of Periods 1,000,000 6% PMT Rate NPER 12,890,000 6% |PMT Rate No pf Periods 20 2

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