6 What is the present value of the Big Lottery's payments if it will pay out $1,500,000 per year forever, with the first payment in 3 years, and at an interest rate of 4%? A $34,670,857.99 B...


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6<br>What is the present value of the Big Lottery's payments if it will pay out $1,500,000 per year forever, with the first payment in 3<br>years, and at an interest rate of 4%?<br>A $34,670,857.99<br>B s20,119,623.58<br>$36,082,109.26<br>$23,113,905.33<br>LO<br>

Extracted text: 6 What is the present value of the Big Lottery's payments if it will pay out $1,500,000 per year forever, with the first payment in 3 years, and at an interest rate of 4%? A $34,670,857.99 B s20,119,623.58 $36,082,109.26 $23,113,905.33 LO

Jun 10, 2022
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