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ebookprint item question content area present value of an annuity on january 1 you win $4,400,000 in the state lottery. the $4,400,000 prize will be paid in equal installments of $440,000 over 10 years. the payments will be made on december 31 of each year, beginning on december 31. if the current interest rate is 8%, determine the present value of your winnings. use the present value tables in exhibit 7. round to the nearest whole dollar. $fill in the blank 1