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Rita Gonzales won the $45 million lottery. She is to receive $1.6 million a year for the next 20 years plus an additional lump sum

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Rita Gonzales won the $45 million lottery. She is to receive $1.6 million a year for the next 20 years plus an additional lump sum payment of $13 million after 20 years. The discount rate is 15 percent. What is the current value of her winnings? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Present value

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