Business, 03.04.2020 21:32, perlamaria01

A lottery claims its grand prize is $15 million, payable over 5 years at $3000000 per year. If the first payment is made immediately, what is the grand prize really worth? Use an interest rate of 8%.

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A lottery claims its grand prize is $15 million, payable over 5 years at $3000000 per year. If the f...