Question: Jackpot Amount Interest Rate EqualAnnual Payments PresentValue(indollars) $3,000,000 7% 20 $ $3,000,000 12% 20 $ $3,000,000 7% 25 $ $3,000,000 12% 25 $ Find the

Jackpot Amount	Interest Rate	EqualAnnual Payments	PresentValue(indollars)
$3,000,000	7%	20	$
$3,000,000	12%	20	$
$3,000,000	7%	25	$
$3,000,000	12%	25	$

Find the cash value of the lottery jackpots given below. Yearly jackpot payments begin immediately. Assume the lottery can invest at the given interest rates. (Round to the nearest dollar as needed.)

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