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pls help!! will thumbs up:) You have just won the lottery and will receive $550,000 in one year. You will receive payments for 19 years,

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You have just won the lottery and will receive $550,000 in one year. You will receive payments for 19 years, and the payments will increase 3 percent per year. If the appropriate discount rate is 12 percent, what is the present value of your winnings? Multiple Choice $4,866,926 $4,672,249 $63,859 $23,905,063 $23,905,063

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