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You just won the $132 million Ultimate Lotto jackpot. Your winnings will be paid as $4,400,000 per year for the next 30 years. If the
You just won the $132 million Ultimate Lotto jackpot. Your winnings will be paid as $4,400,000 per year for the next 30 years. If the appropriate interest rate is 7.7 percent, what is the value of your windfall?
$50,969,934.25
$50,494,619.18
$48,421,437.53
$52,668,932.05
$54,894,619.18
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