2. Your Oil Royalty agent offers you $80,000 now or a payment series deal expected to pay $4,200 at the end of year 1: $5,000 in year 2; $7,000 in year 3: $10,200 in year 4; $12.200 in year 5; $13,000 in year 6: $16,400 in year 7; and $32,000 in year 8. Using an interest/discount rate of 4%. calculate and determine which option is best. (20 points) Show all steps of your calculations