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Suppose you win the Publishers Clearinghouse $ 7 . 5 million sweepstakes. The money is paid in equal monthly installments of $ 3 1 ,
Suppose you win the Publishers Clearinghouse $ million sweepstakes. The money is paid in equal monthly installments of $ in the beginning of each month over years. If the going APR is how much is the sweepstakes actually worth today?
$
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