Question: Round to the nearest cent. Celine Dion just won a Name That Tune contest with a grand prize of $220,000. However, the contest stipulates that

Round to the nearest cent. Celine Dion just won a "Name

Round to the nearest cent.

Celine Dion just won a "Name That Tune" contest with a grand prize of $220,000. However, the contest stipulates that the winner will receive $90,000 immediately, and the remainder divided equally at the end of each of the next 9 years. Assuming that she can earn 4% on her money, what is the present value of her winnings? What is the present value of the winnings

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