Business, 13.09.2019 01:10 samanthamunevar7218

Titus tribble wins the big powerball lottery which pays $17 million at the beginning of each of the next 30 years. the reported prize is $510 million which is just the total of these 30 annuity payments. what is the present value of this prize today at a 5% annual rate? express your answer in terms of millions of dollars and round the answer to the nearest tenth of a million, for example 17.0 for 17 million.

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Titus tribble wins the big powerball lottery which pays $17 million at the beginning of each of the...

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