You just won the lottery. You have the option of receiving $$40,000$ at the beginning of every year for the next eight years $O{R}_{?}$ receiving a lump sum award today. Suppose your required rate of return is $6\mathrm{.}5\%.$ If you were to be indifferent between the two options, how much should the lump sum award be$?$

$\backslash$table$[[$$$320,000\mathrm{.}00$