31. You inherited an oil well that will pay you $24,000 per year for 25 years, with the first payment being made today. If you think a fair return on the well is 7.5%, how much should you ask for it if you decide to sel a. $218.569.31 b. $247,328.43 c. $250,204,35 d. $287,591.20 e. $235,824.79 32. What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $550 at the end of Year 4 if the interest rate is 5% ? a. $6,491.77 b. $8.430.87 c. $10,117.05 d. $8,346.57 e. $10,032.74