Question: Question 5 View Policies Show Attempt History Your Answer Correct Answer X Your answer is incorrect. Dorothy Taylor has won a state lottery and will

Question 5 View Policies Show Attempt History Your Answer Correct Answer

Question 5 View Policies Show Attempt History Your Answer Correct Answer X Your answer is incorrect. Dorothy Taylor has won a state lottery and will receive a payment of $93.000 every year, starting today, for the next 20 years. If she invests the proceeds at a rate of 5.76 percent, what is the present value of the cash flows that she will receive? (Round factor values to 4 decimal places, e.g. 1.5212 and final answer to nearest whole dollar, e.g. 5275.) Present value of investment $ 30342.69 eTextbook and Media Solution Attempts: 3 of 3 used

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