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Calculate the present value of your lottery winnings

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Question - Congratulations! You have just won $2 billion in the largest Powerball jackpot payoff ever! You will receive payments of $100,000,000 per year for the next 20 years. Calculate the present value of your lottery winnings, assuming an interest rate of 4% (Round your answer to the nearest whole dollar.)

Reference no: EM133108328

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