Current Attempt in Progress Maria Miller has won a state lottery and will receive a...
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Accounting
Current Attempt in Progress Maria Miller has won a state lottery and will receive a payment of $ 85,000 every year starting today, for the next 20 years. If she invests the proceeds at a rate of 5.75 percent, what is the present value of the cash flows that she will receive? (Round factor values to 4 decimal places, eg. 1.5212 and final answer to nearest whole dollar, es. 5275.) Present value of investment Save for Later Attempts: 0 of 1 used Submit

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