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You just won the grand prize in the a national writing contest! As your prize money, you will receive $1,000 a month for ten years.

You just won the grand prize in the a national writing contest! As your prize money, you will receive $1,000 a month for ten years. If you can earn 6 percent on your money, what is the prize worth to you today?

1) $71,500.73

2) $81,067.32

3) $86,155.00

4) $90,073.45

5) $95,332.51

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