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You just won the $77.5 million Ultimate Lotto jackpot Your winnings will be paid as $3,100,000 per year for the next 25 years. If the
You just won the $77.5 million Ultimate Lotto jackpot Your winnings will be paid as $3,100,000 per year for the next 25 years. If the appropriate interest rate is 6.4 percent, what is the value of your windfall? Multiple Choice $40,608,444.06 $39,438,025.25
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