Question: please show step by step method of solving this problem. Incorrect Question 7 0 / 1 pts You just won a lottery that promises to

please show step by step method of solving this problem.

Incorrect Question 7 0 / 1 pts You just won a lottery that promises to pay you $1 million exactly 10 years from today. Because the $1 million payment is guaranteed by the state in which you live, opportunities exist to sell the claim today for an immediate lump-sum cash payment. What is the least you will sell your claim for if you could earn 4.05 % on similar-risk investments during the 10-year period? 561,035.56

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