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Current Attempt in Progress Brian has just won the lottery and will receive an...

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Accounting

Current Attempt in Progress
Brian has just won the lottery and will receive an annual payment of $370,000 every year for the next 5 years. If the annual interest
rate is 7%, what is the present value of the winnings? (For calculation purposes, use 5 decimal places as displayed in the factor table
provided. Round answer to 0 decimal place, e.g.5,275.)
Click here to view Table 4.
Present value $
image

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