Question: Show how to do on calculator please all the steps also trying to learn how to do it. Sam was injured in an accident, and

Show how to do on calculator please all the steps also trying to learn how to do it.

Sam was injured in an accident, and the insurance company has offered him the choice of $46,000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave him as well off financially as with the annuity?

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