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ou just won the $62.5 million Ultimate Lotto jackpot. Your winnings will be paid as $2,500,000...

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Finance

ou just won the $62.5 million Ultimate Lotto jackpot. Yourwinnings will be paid as $2,500,000 per year for the next 25 years.If the appropriate interest rate is 5.8 percent, what is the valueof your windfall?

  • $34,464,197.27

  • $31,964,197.27

  • $32,574,855.64

  • $33,660,684.16

  • $30,946,112.86

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