Question: ) Prizes are often not worth as much as claimed. What is the value of a prize of $5,000,000 that is to be received in

) Prizes are often not "worth" as much as claimed. What is the value of a prize of $5,000,000 that is to be received in 20 equal yearly payments, with the first payment beginning today? Assume an interest rate of 7%. 1) A) $2,609,144.14 B) $2,833,898.81 C) $2,911,015.68 D) $2,738,304.13

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