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Find the Cash Value of the Lottery Jackpot (To the Nearest

Question 18

Multiple Choice

Find the cash value of the lottery jackpot (to the nearest dollar) . Yearly jackpot payments begin immediately (26 forMega Millions and 30 for Powerball) . Assume the lottery can invest at the given interest rate.
-Po werball: $240\$ 240 million; 5.2%5.2 \% interest


A) $197,215,757\$ 197,215,757
B) $126,476,551\$ 126,476,551
C) $128,224,858\$ 128,224,858
D) $200,255,686\$ 200,255,686

Correct Answer:

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