A lottery winner was offered a payment of $29,500 for 30 years. She could invest the cash flows at 7 percent. What is the minimum amount she should accept if she were to receive the amount as a lump -sum payment today instead? (Round to the nearest dollar.) O $885,000 O $366,067 O none of these O $490,000 O $350,000

A lottery winner was offered a payment of $29,500 for 30 years. She could invest the cash flows at 7 percent. What is the minimum amount she should accept if she were to receive the amount as a lump-sum payment today instead? (Round to the nearest dollar.) $885,000 $366,067 none of these $490,000 $350,000