Question: Sharon Kabana has won a state lottery for which she will receive a payment of $91,929.39 every year, starting today for the next 20 years.

Sharon Kabana has won a state lottery for which she will receive a payment of $91,929.39 every year, starting today for the next 20 years. If she normally invests at a rate of 5.73 percent, the present value of the annuity cash flows that she will receive is $.

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