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Sharon kabana has won a state lottery and will recieve a payment of $81,000 every year, starting today, for the next 20 years. Is she
Sharon kabana has won a state lottery and will recieve a payment of $81,000 every year, starting today, for the next 20 years. Is she invests the proceeds at a rate of 5.11 percent, what is the present value of the cash flows that she will receive? ( round factor values to 4 decimals, e.g. 15212 and final answer to the nearest whole dollar)
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