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Mary won a lottery that would pay her $33,000 in 3 years and $19,800 in 5 years. The lottery company had another option where she
Mary won a lottery that would pay her $33,000 in 3 years and $19,800 in 5 years. The lottery company had another option where she could get an upfront amount now and another $19,500 in 2 years. Calculate the upfront amount that she would receive now from the second option, assuming that money is worth 2.00% compounded semi-annually. $0.00 Round to the nearest cent
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