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Thomas won a lottery that will pay him $490000 at the end of each of the next twenty years. Assuming an appropriate interest rate is

Thomas won a lottery that will pay him $490000 at the end of each of the next twenty years. Assuming an appropriate interest rate is 7% compounded annually, what is the present value of this amount? $126626. O $5554438. O $5191065. O $20087790

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