Question: Current Attempt in Progress Richard has just won the lottery and will receive an annual payment of $ 3 0 0 , 0 0 0

Current Attempt in Progress Richard has just won the lottery and

Current Attempt in Progress
Richard has just won the lottery and will receive an annual payment of $300,000 every year for the next 6 years. If the annual interest rate is 10%, what is the present value of the winnings? (For calculation purposes, use 5 decimal places as displayed in the factor table provided. Round answer to 0 decimal place, e.g.5,275.)
Click here to view Table 4.
Present value $
will receive an annual payment of $300,000 every year for the next

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