Imagine you have won the lump sum amount of $1900 in a recent contest. However, you must wait until the end of 9 years to receive the money. However, you would prefer a different pattern of payments: $325 today and then receive some unknown LUMP SUM (i.e. one time) amount that will be received in 9 years. Using an interest rate of 5.50%, determine the unknown lump sum amount that would make the present value of both prizes equivalent. $2550.07 $1173.50 $1373.79 $200.73 $848.50