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Sales won a lottery jackpot. The jackpot will pay him Taka 30,00,000 per year for twenty (20) years. The first payment will be at the

Sales won a lottery jackpot. The jackpot will pay him Taka 30,00,000 per year for twenty (20) years. The first payment will be at the end of this year. What is the Present Value of the jackpot if the discount rate is 11.5 percent?

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