Question: Question 7 11 point) You have just received notification that you have won the $10 million first prize in the Centennial Lottery. However, the prize

Question 7 11 point) You have just received notification that you have won the $10 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday, 70 years from now. The appropriate discount rate is 11 percent. What is the present value of your winnings? $3,459.99 $142,857.14 $13,333.33 $6,720.34 $3,288.16

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