You have just won the Reader's Digest lottery of RM5,000 per year for twenty years, with the first payment today followed by nineteen more start-of-the-year cash flows. At an interest rate of 5%, what is the present value of your winnings? Select one: a. RM100,000.00 b. RM65,426.60 c. RM47,641.18 d. RM62,311.05