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(1 point) Bob Pirtle won ( $ 3 ) million in a state lottery. He was surprised to learn that he will not receive a

image text in transcribed (1 point) Bob Pirtle won \\( \\$ 3 \\) million in a state lottery. He was surprised to learn that he will not receive a check for \\( \\$ 3 \\) million. Rather, for twenty years, he will receive an annual check from the state for \\( \\$ 150000 \\). The state finances this series of checks by buying Bob a payout annuity. Find what the state pays (that is, the total payment) for Bob's payout annuity if the interest rate is \8

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