Question: Question 3 on 4 Question 5 Question 6 Question 7 Question 8 You just won a lottery that makes payment at the end of the

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Question 8
You just won a lottery that makes payment at the end of the year annually forever. All payments will be $8,625. What is the present value of your prize at a discount rate of 7.1 percent?
(Do not round any intermediate calculations. Round
Time Running: Attempt due: Mar 21 at 11.59gr
1 Hour, 44 Minutes, 56 S
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