Question: Please complete in excel with formula. Example 4.20: Lottery Valuation Mark Young won the state lottery and will receive the following set of equal payments

Please complete in excel with formula.

Please complete in excel with formula. Example 4.20: Lottery Valuation Mark Young

Example 4.20: Lottery Valuation Mark Young won the state lottery and will receive the following set of equal payments beginning one year from now. What is the value of the payments today? Annual payment: $ Number of years for payments Interest rate: 50,000 20 8% PV Add a negative sign for "pmt" Difference between Ex. 4.7 & 4.20 Present value

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