(Time allowance estimation: 7 minutes) You have won a swepstake that gives you 12 annual installments of $25,000 with the first one to be received one year from today. If the annual discounting rate is 8%, what is the future value (at the end of last installment) of these 12 cash flow installments? " Use 4 digits in your calculations and 2 digits in your answer. 1) $188,402.50 2) $203,474.70 3) $512,381.70 4) $474.427.50 5) $300,000.00 6) $178,475,00 7) 503,517.50