Mary Smith, a lottery winner, will receive the following payments over the next seven years. She has been approached by an investor who will pay Mary a lump sum today for the rights to those future cash flows. If she can invest her cash flows in a fund that will earn 9.5 percent annually, how much should Mary require the investor to pay for the cash flows? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) 2 3 5 Year $150,000 $200,000 $225,000 $250,000 $300,000 $350,000 $500,000 Present value of investment Click if you would like to Show Work for this question: Open Show Work