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You have just won the lottery. You will receive $ 3 0 0 , 0 0 0 total, to be divided into 1 0 equal

You have just won the lottery. You will receive $300,000 total, to be divided into 10 equal annual payments of $30,000 with the first payment to be received today. Evaluate the value of the award today at an interest rate of 6.9% compounded annually.

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