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You have just won the Lottery jackpot of $1], Odd, ODD. You will be paid in 20 Equal annual installments beginning immediately . If You

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You have just won the Lottery jackpot of $1], Odd, ODD. You will be paid in 20 Equal annual installments beginning immediately . If You had the money now , You could Invest it in an account with a quoted annual interest rate of 4%'` with monthly* Compounding of interest . What is the present Value of the payments roll will RECEIVE ?"

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