Business, 23.09.2019 23:00, corrineikerd

Alottery claims its grand prize is $5 million, payable over 5 years at $1 comma 000 comma 000 per year. if the first payment is made immediately, what is the grand prize really worth? use an interest rate of 4%.the real value of the grand prize is $nothing. (round your response to the nearest dollar.)

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Alottery claims its grand prize is $5 million, payable over 5 years at $1 comma 000 comma 000 per ye...