The state lottery million dollar payout provides 2 million to be paid over 23 years in 25 payments of $80,000. The first $80,000 payment is made immediately, and a 20 for remaining $80,000 payment occur at the end of each of the next week for years. If number sent is that appropriate discount rate, what is the present value of the stream of cash flow? If 18% is appropriate discount rate, what is the present value of the cash flows?

Presente) The story's milionery provides for 12 montowe pad over 24 years in 20.000. The first is made in and the 10.000 mensen each of the next 24 years of percent the appropriate discutam What is the us of the show is wroger Wat is he uses percent in the appropriate control, what is the presente esta ocash flow? (Round to the newest cent