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Sherry won a lottery of $ 3 0 , 0 0 0 . But this 3 0 , 0 0 0 will be paid in

Sherry won a lottery of $30,000. But this 30,000 will be paid in three years with 10,000 per year. The first payment will be made 1 year later from today. Sherry can also choose to receive a lump-sum payment today. The market interest rate is 9%. How much will she receive if she chooses to receive a lump-sum payment today?
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