Question:

Find the cash value of the lottery jackpot given below

Last updated: 6/25/2023

Find the cash value of the lottery jackpot given below

Find the cash value of the lottery jackpot given below Yearly jackpot payments begin immediately Assume the lottery can invest at the given interest rate 7 000 000 jackpot 5 interest 20 annual payments Jackpot Amount Interest Equal Annual Present Value Rate Payments in dollars 7 000 000 5 20 Round to the nearest dollar as needed Points 0 of 2 www