Question: Joan Salt won $ 2 5 0 , 0 0 0 from the lottery. She will receive $ 5 0 , 0 0 0 at

Joan Salt won $250,000 from the lottery. She will receive $50,000 at the end of each year for the next five years. Her investment portfolio has an average annual return of 7 percent. What is the present value of the lottery winnings to Alice?A. $102,504.94.B. $185,476.23.C. $205,009.87.D. $250,000.00.

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