Present and future value tables of $1 at 3% are presented below: 4 1 1.03000 0.97087 2 1.06090 0.94260 3 1.09273 0.91514 4 1.125510.88849 5 1.159270.86261 6 1.194050.83748 7 1.229870.81309 8 1.266770.78941 1.0000 0.97087 2.0300 1.91347 3.0909 2.82861 4.1836 3.71710 5.3091 4.57971 6.4684 5.41719 7.6625 6.23028 8.8923 7.01969 1.0300 1.00000 2.0909 1.97087 3.1836 2.91347 4.3091 3.82861 5.4684 4.71710 6.6625 5.57971 7.8923 6.41719 9.1591 7.23028 9 1.304770.7664210.1591 7.78611 10.4639 8.01969 10 1.34392 0.74499 11.4639 8.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12 1.42576 0.70138 14.1920 9.95400 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 Shelley wants to cash in her winning lottery ticket. She can either receive seven, $192,000 semiannual payments starting today. or she can receive a single-amount payment today based on a 6% annual interest rate, what is the single-amount payment she can receive today