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You won a lottery that will make equal payments of $3,000 at the end of each year for the next ten years. If the annual

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You won a lottery that will make equal payments of $3,000 at the end of each year for the next ten years. If the annual interest rate stays constant at 8%, what is the value of these payments in today's dollars? Round your answer to the nearest whole dollar. O $17,111 $21,740 O $20,130 O $25,163 You found out that now you are going to receive payments of $6,500 for the next 11 years. You will receive these payments at the beginning of each year. The annual interest rate will remain constant at 11%. What is the present value of these payments? Round your answer to the nearest whole dollar. O$44,780 O $40,342 O $60,453 $35,824

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