pls round to the nearest cent

U-20 Slidl ) Question Help (Related to Checkpoint 6.2) (Present value of annuity payments) The state lottery's million dollar payout provides for $1.3 million to be paid in 20 installments of $65,000 per payment. The first $65,000 payment is made immediately, and the 19 remaining $65,000 payments occur at the end of each of the next 19 years. If 8 percent is the discount rate, what is the present value of this stream of cash flows? If 16 percent is the discount rate, what is the present value of the cash flows? a. If 8 percent is the discount rate, the present value of the annuity due is $ . (Round to the nearest cent.) Enter your answer in the answer box and then click Check Answer. Activate Windo? Go to Settings to activate Check Answer part Clear All remaining 6:10 PM 4/7/2020