Question: E Homework: 2-3 MyFinanceLab: Assignment: Module Two Homework Question 3, Problem P3-9 (similar to) > HW Score: 13.33%, 1.33 of 10 points Save X Points:

E Homework: 2-3 MyFinanceLab: Assignment: Module Two Homework Question 3, Problem P3-9 (similar to) > HW Score: 13.33%, 1.33 of 10 points Save X Points: 0 of 1 You and 11 coworkers just won $9 million ($750,000.00 each) from the state lottery. Assuming you each receive your share over 20 years and that the state lottery earns a 8 percent return on its funds, what is the present value of your prize before taxes if you request the 'up-front cash' option? Click on the table icon to view the annuity table The present value of your prize before taxes if you request the 'up-front cash' option is $ . (Round your answer to the nearest dollar.)

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