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You have won a state lottery prize quoted as $12 million dollar lottery, what this really mean is that if you take the monthly payments

You have won a state lottery prize quoted as $12 million dollar lottery, what this really mean is that if you take the monthly payments of $50,000 for 20 years, you will have a total payout of $12 million. If the appropriate interest (discount) rate is 6.6% APR, what would be the cash payout on this lottery today

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