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Mathematics, 07.10.2019 20:00 guzmangisselle

Just won a lottery jackpot of $11,000,000. you will be paid in 26 equal annual installments beginning immediately. if you had the money now, you could invest it in an account with a quoted annual interest rate of 9% with monthly compounding interest. what is the present value of the payments you will receive?

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Just won a lottery jackpot of $11,000,000. you will be paid in 26 equal annual installments beginnin...
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