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20) As a very lucky person, you receive another email: Congratulations once again! You have been selected to receive $3,636 per year payed in semi-annual

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20) As a very lucky person, you receive another email: Congratulations once again! You have been selected to receive $3,636 per year payed in semi-annual installments, for the next 4 years. The interest rate is 6% per year. Payments begin 6 months from today. The present value of this good fortune is: A) $12,599.12 B) $22,578.81 C) $12,390.10 D) $12,761.80 E) None of the above

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