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You won the lottery and will receive $84,658.87 in 25 years. Assume an interest rate of 5%. What is the value of your winnings today?
You won the lottery and will receive $84,658.87 in 25 years. Assume an interest rate of 5%. What is the value of your winnings today? Round to the nearest dollar and use the $ symbol in your answer. (use a comma if applicable...$10,000 would be the form of a correct answer)
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