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Question: quota woman wins the lottery worth 238 million the woman...

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"A woman wins the lottery worth $2.38 million. The woman receives an immediate check for $357,000, and she plans to receive 19 annual checks of $106,474, with the first check coming exactly one year from now. A buyer offers to purchase the 19 remaining checks of $106,474. If the woman can deposit the money from that sale (which she would receive immediately) in an account that earns 8% interest, what would be the least amount of money she should accept to sell the forthcoming 19 checks?"

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