Question: Current Attempt in Progress Sarah Allen has won a state lottery and will receive a payment of $94,000 every year, starting today for the next
Current Attempt in Progress Sarah Allen has won a state lottery and will receive a payment of $94,000 every year, starting today for the next 20 years. If she invests the proceeds at a rate of 5,46 percent, what is the present value of the cash flows that she will receive? (Round factor values to 4 decimal places, e.g. 1.5212 and final answer to nearest whole dollar, e.g. 5275.) Present value of investment $
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