Question: 1170, Homework: Homework for Section 5.4 Question 7, 5.4.33- BE > 1 of 9 points Points: 0 of 1 Save Find the cash value of
1170, Homework: Homework for Section 5.4 Question 7, 5.4.33- BE > 1 of 9 points Points: 0 of 1 Save Find the cash value of the lottery jackpot given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rate. $18,000,000 jackpot, 6% interest, 20 annual payments Jackpot Interest Equal Annual Present Value Amount Rate Payments (in dollars) $18,000,000 6% 20 (Round to the nearest dollar as needed.)
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