you will receive starting this year 200,000$ per year for the next five years (5 payments total to be received at the beginning of the period. Loto-Qubec is willing to offer you now a unique payment of 925,000$ instead of the five installments. Should you accept their deal if the market interest rate is 5%?

The present value of this deal is

and there I should

Loto-Qubec's deal