Amy won a lottery that would pay her $42,000 in 2 years and $10,200 in 5 years. The lottery company had another option where she could get an upfront amount now and another $9,700 in 3 years. Calculate the upfront amount that she would receive now from the second option, assuming that money is worth 6.00% compounded semi-annually. Round to the nearest cent

Q: Calculus Question

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A: Thanks for the question :)And your upvote will be really appreciable ;)

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A: See calculation below

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