You just won the lottery! As your prize you will receive $1,200 a month for 100 months. If you can earn 8% on your money,what is this prize worth to you today?
A) $87,003.69
B) $87,380.23
C) $87,962.77
D) $88,104.26
E) $90,723.76
Correct Answer:
Verified
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