Question: Moving to another question will save this response Question 13 of 20 Save Answer Question 13 0.5 points Congratulations, you just won the North Carolina

Moving to another question will save this response Question 13 of 20 Save Answer Question 13 0.5 points Congratulations, you just won the North Carolina Lottery! The prize is 510 Million dollars, however, the lottery commission is only allowed to pay equal annual installments of 400,000 over twenty five years. How much is the lottery winning actually worth if you require an eight percent discount rate? Moving to another question will save this response

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