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You just won the lottery! As your prize you will receive $1,200 a month for 100 months. If you can earn 8% on your money,

You just won the lottery! As your prize you will receive $1,200 a month for 100 months. If you can earn 8% on your money, what is this prize worth to you today?

A.

$ 90,723.76

B.

$ 87,380.23

C.

$ 88,104.26

D.

$ 87,003.69

E.

$ 87,962.77

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