Youjustwon the lottery. You and your heirs will receive $40,000 peryearfor ityyears, with the rst payment received immediately. What is the present...

what would the answer to this be? I attached a picture of the problem!

Youjustwon the lottery. You and your heirs will receive $40,000 peryearfor fiityyears, with the first payment received immediately. What is the present value ata 9% discount rate, oompounded annually. O A $438,467.32 O c $473,467.32 O D $446,355.25 O E $477,929.37