Question: Patrick won a lottery and will receive $ 6 , 0 0 0 a year for the next twenty years. The value of his winnings

Patrick won a lottery and will receive $6,000 a year for the next twenty years. The value of his winnings today discounted at his discount rate is called which one of the following?
Group of answer choices
single amount
compounded value
future value
simple amount
present value

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