[Solved] You just won the $ 6 0 million Ultimate L

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You just won the $ 6 0 million Ultimate Lotto jackpot. Your winnings will be paid as $ 3 , 0 0 0 , 0

You just won the $

60

million Ultimate Lotto jackpot. Your winnings will be paid as $

3, 000, 000

per year for the next

20

years. If the appropriate interest rate is

6.3

percent, what is the value of your windfall?

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