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Points: 0 of 2 Find the cash value of the lottery jackpot given below. Yearly jackpot payments begin immediately. Assume the lottery can invest
Points: 0 of 2 Find the cash value of the lottery jackpot given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rate $7,000,000 jackpot, 5% interest, 20 annual payments Jackpot Amount $7,000,000 Interest Rate Equal Annual Payments Present Value (in dollars) 5% 20 (Round to the nearest dollar as needed.)
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