Sue wins the lottery the state of florida offers her 134351


Sue wins the lottery. The State of Florida offers her $134351 a year for 20 years as her prize. She also has the option of accepting a lump sum payment now. What is the present value of the yearly payments the state is offering? Assume an 8% discount rate. Enter your answer to the nearest whole dollar. Be careful, this question may be slightly different than the question you received on a prior attempt.

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Financial Management: Sue wins the lottery the state of florida offers her 134351
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