Find the cash value of the lottery jackpots

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Reference no: EM131352340

Find the cash value of the lottery jackpots given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rates. Jackpot -Interest Rate-Annual equal Pmt $8,000,000 - 8% - 20yrs $8,000,000,- 13% - 20yrs $8,000,000 - 8% - 25yrs $8,000,000 - 13% - 25yrs

Reference no: EM131352340

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