Question: 2. Ask Your Teach -/1 points HarMathAp 12 6.4.005. My Notes Suppose a state lottery prize of $8 million is to be paid in 10

2. Ask Your Teach -/1 points HarMathAp 12 6.4.005. My Notes Suppose a state lottery prize of $8 million is to be paid in 10 payments of $800,000 cach at the end of each of the next 10 years. If money is worth 12 annually, what is the present value of the prize? (Round your answer to the nearest cent.) compounded Need Help? Read Watch Talk to Tutor

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