Assume Jimmy will receive $5,600 each year beginning one year from now for next 26 years (beginning next year). If the interest that applies is 8.3% and it compounds annually, what is the present value of the total amount of money Jimmy will receive? Be reminded of the fact the results shown through a financial calculator is based on the assumption that the first payment will be made one year from now. O $77,178.47 O $58,982.57 O $61,452.23 $56.245.67