The winner of a million dollar lottery is to receive $40,000 plus $40,000 at the end...
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The winner of a "million dollar" lottery is to receive $40,000 plus $40,000 at the end of each year for 19 years or the present value of this annuity in cash. How much cash would she receive if money is worth 8% compounded annually? $0 She would receive $ (Round to the nearest cent as needed.) i L SC More Time Remaining: 00:33:45 Submit test The winner of a "million dollar" lottery is to receive $40,000 plus $40,000 at the end of each year for 19 years or the present value of this annuity in cash. How much cash would she receive if money is worth 8% compounded annually? $0 She would receive $ (Round to the nearest cent as needed.) i L SC More Time Remaining: 00:33:45 Submit test
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