Sam Hill has just won the state lottery, paying $250,000 a year for the next 30 years.

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Sam Hill has just won the state lottery, paying $250,000 a year for the next 30 years. Sam will receive his first payment today.If the interest rate is 3%, what is the present value of his lottery winnings? (Enter a positive value and round to 2 decimals)

Posted Date: May 19, 2024 02:01 AM

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Sam Hill has just won the state lottery, paying $250,000 a year for the next 30 years.

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