Question: Question 33 (0.5 points) You are bored during your spring break and decide to analyze a sweepstakes prize. The winnings will be split into 12

 Question 33 (0.5 points) You are bored during your spring break

Question 33 (0.5 points) You are bored during your spring break and decide to analyze a sweepstakes prize. The winnings will be split into 12 monthly payments of S2,000 starting from today. If the annual rate of return you can get at your bank is 3% (ie, monthly return is 3%/12). what is the present value of these winnings to you? $29,507.03 $23,614.51 $ $38.968.98 $20.505.25

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