Question: You just won $ 1 0 0 0 0 from the state lottery. Assuming you will receive the money in equal installments over 1 8

You just won $10000 from the state lottery. Assuming you will receive the money in
equal installments over 18 years and that the state lottery earns a 7 percent return
on its funds, what is the present value of your prize before taxes if you request the
'up-front cash' option (round to the nearest whole number)?
You just won $10000 from the state lottery. Assuming you will

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