Question: Question 24 (4 points) Listen You have just won the Georgia Lottery with a jackpot of $56,000,000. Your winnings will be paid to you in
Question 24 (4 points) Listen You have just won the Georgia Lottery with a jackpot of $56,000,000. Your winnings will be paid to you in 26 equal annual installments with the first payment made immediately. If you had the money now, you could invest it in an account with a quoted annual interest rate of 11% with monthly compounding of interest. What is the present value of the stream of payments you will receive? $19,561,725.87 $17.532,845.41 $20.292,988.51 $18.281.971.63 $23,174,592.88
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