Question: Devin won a lottery that would pay him $30,000 in 2 years and $5,200 in 5 years. The lottery company had another option where he

Devin won a lottery that would pay him $30,000 in 2 years and $5,200 in 5 years. The lottery company had another option where he could get an upfront amount now and another $8,500 in 2 years. Calculate the upfront amount that he would receive now from the second option, assuming that money is worth 4.00% compounded semi-annually

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