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Score: 0 of 1 pt 1 of 2 (0 completely HW Score: 0%, 0 of 2 pts 4.LO2.27 (Static) Question Help O Celine Dion just
Score: 0 of 1 pt 1 of 2 (0 completely HW Score: 0%, 0 of 2 pts 4.LO2.27 (Static) Question Help O Celine Dion just won a "Name That Tune" contest with a grand prize of $230,000. However, the contest stipulates that the winner will receive $60,000 immediately, and the remainder divided equally at the end of each of the next 14 years. Assuming that she can earn 4% on ber money, what is the present value of her winnings? What is the present value of the winnings? $ (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. ? All parts showing Clear All Check
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