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You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on

You have just received notification that you have won the $2 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming youre around to collect), 80 years from now. What is the present value of your windfall if the appropriate discount rate is 9.1 percent? SHOW THE FORMULA AND EXACTY HOW IT WOULD BE TYPED INTO EXCEL
Future value $2,000,000
Number of years 80
Interest rate 9.10%
(Use cells A6 to B8 from the given information to complete this question. Your answer should be a positive value.)
Present value

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