Find the present value of her winnings

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Question: Allison Taylor has won the lottery and is going to receive $100,000 per year for 25 years; she received her first check today. The current annual discount rate is 5 percent. Find the present value of her winnings. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131932962

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