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Whispering Winds won a lottery that will pay him $4500000 after 17 years. Assuming an appropriate interest rate is 4% compounded annually, what is the
Whispering Winds won a lottery that will pay him $4500000 after 17 years. Assuming an appropriate interest rate is 4% compounded annually, what is the present value of this amount?
| $54745515. |
| $8765550. |
| $2310165. |
| $3060000. |
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