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Prizes are often not worth as much as claimed. What is the value of a prize of $5,000,000 that is to be received in 20

Prizes are often not "worth" as much as claimed. What is the value of a prize of $5,000,000 that is to be received in 20 equal yearly payments, with the first payment beginning today? Assume an interest rate of 7%.

$2,833,898.81 A

$2,911,015.68 B

$2,609,144.14 C

$2,738,304.13 D

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