What is this prize worth to you today

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Reference no: EM132058646

Question

You just won the lottery! As your prize you will receive $785 a month for 100 months. If you can earn 8% (APR) on your money, what is this prize worth to you today? Show me the work.

The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132058646

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