Question: Solve using excel commands/formula A1 You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the
A1 You have just received notification that you have won the $1 million first prize in the Centennial Lottery. However, the prize will be awarded on your 100th birthday (assuming you're around to collect), 80 years from now. What is the present value of your windfall if the appropriate discount rate is 9 percent? 1,000,000 80 Future value Years Interest rate 9% 10 Complete the following analysis. Do not hard code values in your answers. Your answer should be a positive value. 12 13 14 15 16 17 18 Present value Sheet1 +100% 0 Type here to search
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