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You just won the grand prize in a national writing contest! As your prize, you will receive $800 a month for 10 years. If you
You just won the grand prize in a national writing contest! As your prize, you will receive $800 a month for 10 years. If you can earn 7 percent on your money, what is this prize worth to you today?
A. $64,126.35
B. $58,411.06
C. $81,338.40
D. $68,901.08
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