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You win $10mm lottery which is paid in equal annual installments of $500,000 over 20 years at the end of each year. If the discount
You win $10mm lottery which is paid in equal annual installments of $500,000 over 20 years at the end of each year. If the discount rate is 4%, how much is the lottery prize worth today? (DO NOT include symbol $ or commas, ONLY use WHOLE numbers, no decimals. Round to the nearest WHOLE number.)
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