Question: Mini-Exercise 6-6 (Static) Present value calculations Appendix LO 10 Congratulations! You have just won $2 billion in the largest Powerball jackpot payoff ever! You will

Mini-Exercise 6-6 (Static) Present value calculations Appendix LO 10 Congratulations! You

Mini-Exercise 6-6 (Static) Present value calculations Appendix LO 10 Congratulations! You have just won $2 billion in the largest Powerball jackpot payoff ever! You will receive payments of $100,000,000 per year for the next 20 years. Use Table 6-5. (Use appropriate factor from the table provided.) Required: Calculate the present value of your lottery winnings, assuming an interest rate of 4%. (Round your answer to the nearest whole dollar.)

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